Nairobi, Aug. 25 -- The insurance sector is facing a growing human capital crisis as experienced underwriters, actuaries and risk managers retire in large numbers. Their departure is creating a shortage of specialised talent needed to assess increasingly complex risks, including climate change, cyber threats and emerging technologies.

Nearly one in four insurance professionals globally is aged 55 or older, while the pipeline of younger workers entering the industry remains weak. Because these skills take years to develop, the loss of experienced professionals threatens the industry's ability to innovate, protect businesses and households, and support economic stability.

A major challenge is perception. Many young professionals see insur...