Pacific Life Re

As we celebrate Pride month it’s a useful time to consider how well the protection market is serving the LGBTQ community. We conducted some consumer research into underserved sections of society and found that LGBTQ customers were 11% less likely to have individual protection than those identifying as heterosexual. As the protection market looks to provide more cover to a wider population, this is an area that needs further research to understand the barriers to purchasing. Perhaps some of the following factors are still influencing decisions? •        Being wary of engaging with individual products which have been slow to adopt more inclusive language •        Being put off by questions that feel intrusive and personal, or •        Belief there is a bias in insurance against those living with HIV Whatever the reasons, we must find ways to be more inclusive and ensure that more people are covered by protection insurance regardless of their demographics or circumstances. https://lnkd.in/eegefTAH

We were delighted to host the latest Protection Review event this week in our London office. It was fantastic to see the future leaders of the Protection industry sharing their ideas and challenging existing ways of working.  #Protection #GenZ 

We were delighted to be presented with the artwork created for our Sydney office by the fabulous Aboriginal artist Brett Groves. The piece is a beautiful depiction of a whale and her calf and was commissioned to support our work with Reconciliation Australia. We are creating a 'Reflect' Reconciliation Action Plan (RAP) through which we are seeking to contribute to meaningful change to support First Nations communities. As part of this work, we are creating a strategic framework to educate staff, improve relationships with Aboriginal and Torres Strait Islander peoples, and engage key stakeholders that support these communities. We will be finalising our Reconciliation Action Plan in the next few months and are proud that the artwork will feature in the final report. Thanks to the members of the RAP committee Aoife Kelly ACA Therese Doherty, Stephanie Martin Michael Williamson, Mikey Anthony and Tony Tong.

We’re delighted to have extended our collaboration with Malaysian Reinsurance Berhad to provide retakaful solutions to Takaful Operators.   At the recent signing ceremony, Vasan Errakiah, Managing Director, Protection, Asia commented, “This collaboration underscores the shared vision and commitment of both Malaysian Re and Pacific Life Re to meet the demands of the sector and contribute to enhancements of retakaful solutions. By combining our expertise, we are confident that we will continue to deliver greater value to our customers and contribute to the development of a robust and innovative (re)takaful market”.   Read the full press release here: https://lnkd.in/gkpa9kay

Are you attending the SOA Asia-Pacific Annual Symposium? Swing by our booth to connect with our team and join the conversation about your challenges and opportunities. But that's not all - we're adding an extra dose of fun to your symposium experience with our gachapon machine! We can’t wait to meet you there! Vasan Errakiah Tze Chon Ong, FSA Yao Hui Yeo, FIA, CERA Hazel Yong Kenneth Pah UnderwriteMe #kualalumpur #soa #reinsurance

We’re delighted to be sponsoring this year’s Athene Life Career Expo on June 20 at Pier 6, Front Street, Bermuda. It’ll be a great opportunity to hear from life insurance and reinsurance experts about the fabulous career opportunities available in this sector. Come and have a chat with our team! We look forward to seeing you there! To register visit: LifeCareerExpo.com #LifeCareerExpo #Bermuda #reinsurance #acturies #earlycareers

Thank you to The Trussell Trust for organising such a great day racing, in costumes (!) along the Thames in their annual Dragon Boat Race to help raise much needed funds. Congratulations to our team who managed not to capsize and actually win their heats! Thanks also to our clients Daniel Simpson, Nicki Plews, Manraj Purewal and Szymon Marszalek for being such an integral part of our team.

We’re delighted to be celebrating Pride month again this year here at Pacific Life Re. Celebrating Pride isn’t just something that happens during Pride month, and we’re coming into the month on the back of a couple of great events held in London. The first was the talk, One Leader, Two Genders – gender, diversity, culture and acceptance given by Cynthia Fortlage who gave us a real insight into her experiences of being a trans woman in the workplace. The second was a great workshop given by Stonewall on LGBTQ allyship which helped participants develop an understanding of LGBTQ identities and experiences. We also explored the meaning of the term ally and identified the first steps that people can take to be a more active and visible ally. It was such an interesting and inclusive event and we look forward to hosting more workshops in the future. Across our offices we’ll be having some fun with a trivia night hosted by Becca D’Bus in Singapore, drag queen bingo withy Messy Productions in Toronto, and a quiz night in London presented by Queerz Night.  And thanks to Link: LGBTQ Insurance Network in London and Toronto we’ll finish the month with some of our team joining the London and Toronto Pride parades on 29 and 30 June. #Pridemonth #PrideinLondon #Pride2024 #lifeatPLRe

We’re grateful for the opportunity to have presented at the Joint Regional Conference last week. It was a privilege to connect and share our insights on elevating insurance risk assessment. A sincere thank you to all who joined our session and contributed to the conversation, and we extend our appreciation to the Society of Actuaries Thailand for their organisation and support! #machinelearning #underwriting #riskprediction

Welcome to our second edition of Vital Insights. Here we’ve put together a collection of articles covering some of the major issues of the day with a specific focus on how new medical advances will impact mortality and morbidity. In this edition we look at: •           How emerging drugs battle obesity •           A technological review of MCED tests •           Could we eliminate cervical cancer? •           New Alzheimer's blood tests Read here: https://lnkd.in/eQ6A6EVi We hope this keeps you up to date with the latest in medical research. If you have any questions or feedback, please do not hesitate to contact us. #Newsletter #MedicalAdvancements #VitalInsights