The obesity epidemic is affecting countries around the world. In England, for example, obesity rates have nearly doubled since 1995 and 61% of adults are now considered overweight or obese. Projections estimate that by 2050, about 90% of the country’s adults will be overweight or obese.
For actuaries, this presents a challenge: How do you create life insurance policies based on today’s obesity rates, while considering that an adult of normal weight now will likely be overweight in the future? In this full article at The Actuary, experts advise how actuaries can predict the effects of obesity in their models, how to account for obesity rates by gender and how those struggling with obesity can best address the problem.