The challenge of longevity risk in an ageing society comes from the accumulation of a long-dated systematic risk.

The insurance sector currently provides risk transfer capabilities but ultimately the exposure is greater than the capacity of the insurance sector to support the risk.

The presentation/discussion will cover

- The existing supply of longevity risk and implications for current holders - governments and corporates

- Demand for longevity risk transfer to the insurance industry (drivers for risk transfer)

- Longevity risk transfer via insurance and reinsurance (the means of risk transfer)

- Management within the insurance sector of that risk and (capital and risk management)

- Challenges on transfer to the wider capital markets and successes to date in that field.