Insurable Interest Canadian Insurance Blog

GLP-1 drugs may reduce mortality by up to 6.4% in the US by 2045 Swiss Re’s optimistic scenario estimates GLP-1 drugs could lead to a reduction in cumulative all-cause mortality in the US general population of 6.4% over the next 20 years For the UK, Swiss Re’s optimistic scenario forecasts a 5.1% cumulative reduction in all-cause mortality in the general population, over the same time horizon Achieving the full potential of GLP-1 drugs is strongly dependent on availability, adoption rates, lifestyle and nutritional changes Monte Carlo (Sept. 17, 2025) – The widespread adoption of GLP-1 weight-loss drugs could reduce mortality rates in the coming decades, according to new Swiss Re research. Under optimistic scenarios, Swiss Re projects that GLP-1 medications could reduce all-cause mortality in the United States by as much as 6.4% by 2045. In the United Kingdom, the research suggests a reduction of over 5% is possible. Paul Murray, Swiss Re’s CEO Life & Health Reinsurance, says: “GLP-1 drugs hold significant promise to help us beat the obesity epidemic. Our research underscores that the full benefit will come from going beyond medication. As insurers, we are in a position to build partnerships, support policy and encourage people to...

Nearly eight in ten organizations say public cloud, Software-as-a-Service[1] and Gen AI on cloud are key to drive growth, yet the same proportion are struggling to contain costs Three-quarters exceeded their public cloud budgets (by an average of 10%), while 68% overspent on Gen AI and 52% on SaaS Strategic cost management and FinOps[2] maturity is essential to unlock their full potential Paris, France (July 7, 2025) – As digital transformation accelerates across industries, organizations are embracing On-Demand technologies — such as public cloud, Software-as-a-Service (SaaS), and Generative AI (Gen AI) — to scale innovation, improve agility, and support competitiveness. But while the benefits are clear, a new global study from the Capgemini Research Institute, The On-Demand tech paradox: balancing speed and spend, reveals that rising costs, complexity, and governance gaps are putting returns at risk. With growing demand for digital infrastructure, organizations are struggling to contain technology costs due to lack of cost visibility, underutilized resources, as well as a legacy mindset. Organizations are pivoting from capital-intensive IT investments to flexible, consumption-based models and On-Demand technologies. According to the report, IT and technology spend is projected to rise and the share of On-Demand tech in IT budgets is expected...

Service and Support Leaders Should Redeploy Human Agents to Drive Growth, Not Pursue Complete Automation San Diego, CA (Sept. 10, 2025) – Not one (0%) of the Fortune 500 companies will have fully eliminated human customer service by 2028, according to Gartner, Inc, a business and technology insights company. Despite widespread speculation surrounding the replacement of customer service jobs with AI agents, Gartner experts said that a completely agentless future is both unlikely and undesirable. “AI and automation are transforming how customer service organizations serve customers, but human agents are irreplaceable when it comes to handling nuanced situations and building lasting relationships,” said Kathy Ross, Senior Director Analyst in the Gartner Customer Service & Support practice. “We expect fewer human agents, but not completely agentless organizations. The most successful organizations are those that balance technology with the human touch, redeploying their teams to focus on growth and customer satisfaction,” Ross said. Gartner further predicts that by 2027, 50% of organizations that expected to significantly reduce their service workforce due to AI will drop these plans, as many will have failed to achieve their agentless staffing goals. Rather than pursuing aggressive headcount reductions, organizations should use technology to scale support and...

Arlington, VA (Sept. 9, 2025) – Willis, a WTW business, is pleased to announce the launch of its newly established Global Risk Engineering team, a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis is enhancing its ability to deliver industry-leading specialization, powered by proprietary data, advanced analytics, and technology-enabled solutions. The Global Risk Engineering team will provide both single-site and portfolio-level assessments, enabling clients to achieve deeper insights, greater resilience, and measurable improvements in their total cost of risk (TCOR). With nearly 200 risk engineers operating across 30 countries, including North America, Europe, Middle East and Africa, Asia Pacific and Latin America. Willis brings together global expertise with local specialization. This powerful combination supports multinational and large organizations by uniting Property and Casualty Risk Control expertise with market-leading data science, decision support tools, sector, and industry-specific knowledge. The new proposition goes beyond traditional risk engineering. By aligning proprietary data sets with specialized capabilities, the Global Risk Engineering team is uniquely positioned to deliver tailored, data-enabled solutions that optimize risk management strategies, improve resilience, and maximize clients’ return on investment. Marc Hindman, Head of Risk Control & Claims Advocacy, Risk and...