AMSTERDAM (Dow Jones)--Dutch people are enjoying longer and healthier lives, according to new data, but that is causing headaches for life insurers and pension funds who have to reserve more cash to cover growing retirement liabilities.
This trend has been plotted for some time in Europe and some parts of Asia, but the latest research shows it is accelerating in the Netherlands at a faster rate than previously forecast, fuelling anxiety among pension and insurance companies that are now scrambling to find ways of coping with the additional cost.
The Dutch Actuarial Association, which every five years publishes life expectancy ...
http://online.wsj.com/article/BT-CO-20101126-705801.html
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What’s bad news for the pension funds can only be good for the life insurance companies. I can’t get the rest of the article as it is behind the Wall St Journal Paywall, but it’s an interesting enough topic to talk about I posted the snippet I could see. From the sound of things, Holland could well be the guinea pig in how other pension funds and insurance companies adapt to ageing populations in the Western Hemisphere. Looks like we’ll have to keep a closer eye on the Dutch market.
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