Across Asia, aging populations, rising incidence of chronic diseases and a middle class demanding private hospital care are pushing up medical inflation by double digits, posing a problem for CFOs in balancing costs and talent management
Emerging economies such as Thailand, Myanmar, Brazil, Turkey, and the Philippines – countries that had achieved some measure of stability for several years – have experienced turmoil. How to protect your company from today’s political risks
The aging workforce and medical cost inflation in Singapore are projected to drive up average medical costs per employee by 108% to S$1,973 per year in 2030, representing a mounting financial burden for employers, according to the “Aging Workforce: Cost and Productivity Challenges of Ill Health in Singapore” report released by Mercer and Marsh & McLennan Companies.
Hong Kong’s insurance industry is in the midst of dramatic change following the creation of a powerful new regulatory agency and a shift towards digitalization, with both factors encouraging an increasingly dynamic recruitment market.