Insurers can cope with longer-living pensioners
30th Sep 2005, 13:39 GMT
LONDON (Reuters) - Pensioners are living longer and mortality rates are likely to fall further, a new study showed on Friday, but life insurers said the report was unlikely to force them to significantly increase reserves.
Latest news from Reuters: Personal Finance:
- Credit card firms set to raise interest charges
- House price inflation at 18-month high
- Government mulls stricter savings-club rules
- Higher tuition fees fuel decade-high inflation
- EU court rejects crossborder dividend tax challenge
- Inflation unexpectedly steady
- The end of free banking?
- Bank soothes nerves over more rate hikes
- Female entrepreneurs "neglected by government"
- Insurers fret over rising flood risk