The transformation of the life insurance industry: systemic risks and policy challenges

The transformation of the life insurance industry: systemic risks and policy challenges

From BISness by Bank for International Settlements

October 27, 2025 · 15 min

About this episode

Gaston Gelos and Frank Parker discuss the structural transformation of the life insurance industry post-Great Financial Crisis.

Gaston Gelos and Frank Parker explain how the life insurance industry has undergone a profound structural transformation since the Great Financial Crisis, amid a prolonged period of exceptionally low interest rates and evolving regulatory frameworks.

People in this episode

Guests: Gaston Gelos, Frank Parker

Topics covered

  • life insurance
  • systemic risks
  • policy challenges
  • financial crisis
  • regulatory frameworks

Keywords

  • structural transformation
  • low interest rates
  • regulatory changes

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