Geneva Papers Issue on Insurance and Health: Studies from Mexico to Taiwan

Geneva Papers Issue on Insurance and Health: Studies from Mexico to Taiwan

A Geneva Association summary of the Geneva Papers special issue on insurance and health sets out studies from Mexico, South Korea, Taiwan, England and the US.

The Geneva Papers special issue on insurance and health across the life course is the subject of a summary on the website of The Geneva Association.

Studies From Mexico, South Korea and Taiwan: What Each One Examined

On Mexico, the Geneva Association’s summary says that Joan Costa-Font, Mario Gyori, and Belen Saenz de Miera explore how health insurance coverage affects obesity-related behaviours following Mexico’s expansion of the public insurance programme Seguro Popular.

For South Korea, the summary says that Hyejeong Mun and Sojung Park investigate the relationship between holding private health insurance and investing in risky assets. It then states: Their analysis finds that households in South Korea with private health insurance are more likely to make riskier investments, suggesting that the protection health insurance offers against unexpected medical expense allows people to increase their financial risk taking.

For Taiwan, the summary says that Chu-Shiu Li and Sheng-Chang Peng use a large-scale dataset to test predictions about Taiwan’s cancer insurance market. It then states: Their examination of newly purchased policies shows evidence of adverse selection for whole-life policies, including an association between higher coverage and a greater probability of claims.

InsuraBeat has separate coverage of Hong Kong private health insurance spending.

Insurance Sector Development and Well-Being Among African Populations in a Panel of Countries

In its summary of the special issue, The Geneva Association states that Désiré Avom et al. find a positive association between life and non-life insurance market development and improving the subjective well-being of African populations. It then describes the data: panel data on insurance activity, well-being, and macroeconomic indicators from 31 countries in sub-Saharan Africa from 2006 to 2022.

InsuraBeat has separate coverage of Indonesia’s health financing task force.

A Financial Sustainability Framework for an English Public Healthcare Trust and the Spending of US Retirees

For the UK, the summary states that Paul John Marcel Klumpes applies a financial sustainability framework to the English public healthcare trust.

For US retirees, the summary states that Hessam Bavafa, Anita Mukherjee, and Tyler Welch analyse the spending of US retirees. It then states: Their work shows that financial literacy is a key factor associated with higher wealth, lower debt, and a slower decumulation of assets.

InsuraBeat has separate coverage of Geneva Association modelling of fragmentation and reinsurance capital.

Frequently Asked Questions

What does the summary say about the data behind the study of life and non-life insurance sector development and subjective well-being in sub-Saharan Africa?
For the sub-Saharan Africa study, the summary says: Their work considers panel data on insurance activity, well-being, and macroeconomic indicators from 31 countries in sub-Saharan Africa from 2006 to 2022.
What does the summary say about financial literacy in the study of the spending of US retirees in the Geneva Papers special issue?
For the study of US retirees, the summary says: Their work shows that financial literacy is a key factor associated with higher wealth, lower debt, and a slower decumulation of assets.
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Patrice Dumont

InsuraBeat correspondent

Senior reporter at InsuraBeat leading coverage of insurance regulation, executive moves, and the insurtech landscape across EMEA and APAC. Fifteen years straddling regulation and trade journalism: began in the legal team of a French insurance industry body, advising members on Solvency II implementation and product approvals, then moved to specialised insurance media to cover EIOPA, NAIC and IAIS work and prudential reform. Graduate of the Pan-Asian School of Governance and Regulatory Affairs (Singapore), with an LL.M. in Insurance Prudential Law and Cross-Border Compliance from the Nihon-Siam Institute of Legal Studies (Bangkok). Writes from Brussels, on European afternoon markets.

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