Munich Re at LUCID Conference 2025

Seizing the opportunities ​for prevention, diagnosis ​and treatment​

Artificial Intelligence is transforming​ the healthcare landscape at an unprecedented pace. For life and health insurers, healthcare professionals, and patients alike, AI holds the promise of revolutionizing every single aspect of care – from earlier diagnoses to personalized treatment options. Insurers will need to leverage cutting-edge medical expertise and stay ahead of evolving trends to navigate this transformative landscape successfully.

Monitoring advances in cancer research and treatment

Although still the leading cause of death among policyholders, cancer is increasingly becoming a manageable disease, reshaping the entire insurance landscape. The rise of personalized medicine and AI-driven diagnostics is revolutionizing how we prevent, detect, and treat cancer. As medical research continues to advance in this field, it is crucial for life and health insurers to closely monitor the implications for insurance products and healthcare costs.

Addressing the root causes of mortality and morbidity

A strategic shift from a reactive approach of settling claims to actively improving lives can make a lasting impact on both policyholders and society. By prioritizing prevention and leveraging data-driven insights, life and health insurers reach a wider audience and enhance health literacy among policyholders, transforming the industry towards proactive health management. 

Quantifying the impact of newer drugs to reverse the upward obesity trend

By 2035, more than half of the global population is predicted to be overweight or obese, posing substantial challenges for insurers, policymakers, and healthcare providers. Newer obesity medications offer promising weight loss outcomes, having the potential to reduce morbidity and mortality rates. Insurers need to stay ahead of the curve in understanding the impact of newer treatments on insurance portfolios and develop effective strategies for managing obesity-related risks. 

Localising the impact of a looming health risk with high uncertainties

Climate change represents a significant and complex challenge for humanity, with the potential to affect human health in numerous ways. The impact of climate-related risks, including natural disasters and emerging infectious diseases, can influence mortality and morbidity rates. However, the effects of these risks are not yet fully understood, with considerable uncertainty across regions. To maintain resilience and effectively manage these risks, life and health insurers must gain a deeper understanding of the potential implications for underwriting, portfolio management and claims.