Insurance must adapt to changing migrant demographic

More insurance and other financial policies that apply across Europe's national boundaries must be developed over the next five decades, as large migrant groups join the over fifties as a major market for insurance and other financial services products, concludes new research published by the Chartered Insurance Institute (CII).

Prepared in conjunction with Chatham House, the study, 'Ageing and migration trends', looks at the likely impact on the insurance and financial services sector of the twin phenomena of the ageing of European society and probable large-scale migration to fill the resulting labour vacuum.

While other parts of the world are likely to experience dramatic population growth over the next half century, the EU is set to see a fall. If a sustainable balance is to be maintained between the working and non