Since 1990, life expectancy at birth has increased globally by 6 years
World Health Organization, Global Health Observatory data
By 2030 three billion people are expected to enter the middle class
Ernst and Young, Middle class growth in emerging markets
85% of all customer interactions will be digital by 2020
Gartner, Customer 360 Summit 2011
Flows of goods, services and finance reached $26 trillion in 2012, or 36% of global GDP, 1.5 times the level in 1990
Manyika, J. (2014, April) Global flows in a digital age
Between 1996 and 2006, the number of dual-income families in America increased 31%
US Department of Labor, Employment Status of Women and Men in 2007
Nearly 1 billion women will enter the global economy during the next decade
Aguirre, A. (2012, October) Empowering the third billion
90% of the data in the world today has been created in the last two years alone
IBM, Smarter Planet
Plans to reward single women for improving their health, or provide income if they fall sick
University savings plans to support early childhood development and university selection
Fully customizable products, that change as customers’ lives change
Simplified, off-the-shelf products built for the middle class
Employee benefits with access to cutting edge on-demand services
This systematic approach doesn’t just apply to our actuarial practice. It’s how we interact with clients. And how we manage our overall business. It’s the beating heart of what we all do and what we need to draw upon to drive us forward.
Helped us to weather the 2008 financial crisis and actually grow as a company
Helps our insurance company affiliates to earn consistently high ratings from the major ratings agencies
Seeks to achieve a prudent balance between growth and long-term liabilities