Dear Actuary: What are demographic and longevity risks?
A primer for plan sponsors on demographic and longevity risks and how they affect public pensions.
The introduction of COVID-19 had an almost immediate influence on insurance yet it may take a long time to fully realize the effects. As a result, typical benchmarks and the process of benchmarking that has worked well in the past may no longer be applicable without proper adjustments and considerations. What are strategies to make benchmarks valuable now and post-COVID-19?