- As life expectancy continues to rise globally, Reinsurance Group of America CEO Tony Cheng told Fortune that the growing risk of individuals outliving their savings will eventually force a slow but necessary reckoning across governments, insurers, and consumers. While Cheng remains optimistic that longevity is a net positive for humanity, he warns that bridging the so-called “longevity insurance gap” will require deeper financial literacy and broader structural shifts.
Humanity’s aging population poses many questions for the public and private sector alike, not least how to pay for it.
