Medical malpractice insurance in Singapore to jump by 40% in 2021, says report | Healthcare Asia Magazine
, Thailand

Medical malpractice insurance in Singapore to jump by 40% in 2021, says report

Driving the demand are residents aged over 65.

The demand for medical malpractice insurance by senior healthcare organisations are expected to skyrocket in Singapore over the next five year.

According to a report by AIG, driving the demand is the number of residents aged over 65, which is expected to double from 440,000 to 900,000 in 2030.

The report added that these factors are putting the entire healthcare system under pressure, and can potentially increase the risk of medical errors.

“Similarly, the take-up rate for malpractice insurance for general healthcare institutions is projected to increase by 25 per cent in the next five years,” the report said.
 

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!