IFoA explores risks of e-cigarettes and their potential bearing on underwriting, claims and pricing
The e-cigarettes working party, initiated by the Institute & Faculty of Actuaries (IFoA) in July 2016, has issued a paper exploring the impact of e-cigarettes on life and health insurance in the UK titled ‘No smoke without fire?'. In the absence of long-term health data and studies directly measuring the mortality and morbidity of e-cigarettes, the research considers their more immediate health impact and compares them directly to the material output of tobacco products. While it does state...
The underwriting impact for those at most risk of the pandemic
To ease strain on NHS
Smoking, vaping and non-smoking