瑞士再保险精神疾病保险的可持续性和相关性

SINGAPORE ACTUARIAL CONFERENCE 202426 -29 August 2024Keeping It Real :Sustainability and Relevance in Mental Illness CoveragePresented By,Dr Kent Chong FALU FLHC MBBSRegional Medical Officer APACSwiss ReSINGAPORE ACTUARIAL CONFERENCE 202426 -29 August 2024Post COVID-19 : Rising Demand in Mental Illness Coverage •Since late 2020, Swiss Re published several mental health-dedicated research reports. •These reports show that insurance for mental health conditions is an under-developed segment.•In our 2021 survey, 87% of respondents across APAC showed some openness towards mental illness coverage. •Across all markets, younger generations and higher earners appear more open.SINGAPORE ACTUARIAL CONFERENCE 202426 -29 August 2024Psychiatric Hospital Admission Rates in SingaporeSource : Ministry of Health, Hospital Admission Rates By Age and Sex 2019, 2020 and 2021 –Psychiatric Hospitals. 2 Peaks in Psychiatric Hospital admission rates were noticed :•Youths in the age group of 15 to 24 years old