RISK RADAR · BUSINESS LINE
Strategic risks that hit life, annuities and pensions: mortality, longevity, annuities, pension risk transfer, savings.
ARGUS’S READING Rising · Moody's reports rapid growth in US life insurers' AI-linked investments, increasing existing balance-sheet exposure.
Property and catastropheCasualty and liabilityMotorMarine, aviation and transportEnergy, engineering and constructionCredit, surety and political riskCyberAgricultureLife, annuities and pensionsHealth and medicalWhole industry
Markets & Results
US life insurers held about $85.2 billion of AI-linked investments at the end of June 2026, up 24% from $69 billion at the end of 2025, Moody's Ratings said, Reinsurance News reported. Digital infrastructure debt grew fastest, and Moody's said its figures probably understate the total exposure.
NowBusiness model
Rising health premiums divert household savings, pressuring retirement and savings products sold by life insurers.
NowClaims and pricing
Rising life claims among workers in their 30s and 40s hint at earlier mortality trends for life underwriters.
5–10 yrsClaims and pricing
Falling cancer mortality alongside rising incidence shifts long-term life and health claims and pricing assumptions.
NowClaims and pricing
Heat storms drive UK subsidence, heat deaths and BI disputes yet remain classed as weather, mispricing exposure.
5–10 yrsClaims and pricing
Extreme heat is emerging as a growing climate liability for life, health and pension books; effects are limited today.
