Asia Pacific Risk Center

Dedicated to analyzing the key risks facing industries, governments, and societies in Asia

The Asia Pacific Risk Center analyzes the key risks facing industries, governments, and societies in Asia and identifies practical ways to build resilience and realize opportunity. Leveraging global expertise and relationships from across Marsh & McLennan and its Global Risk Center, along with renowned research partners, we highlight critical challenges and provide local insights and forward-looking thinking to help decision makers address risk and unlock opportunity.

Our current program is built around the following three areas:

360° INSIGHTS

For more thinking from across Marsh & McLennan Companies, visit Insights + Analysis.

RECENT REPORTS

Evolving Risk Concerns in Asia-Pacific 2017: Download Report

Aging Workforce: Cost and Productivity Challenges of Ill Health in Singapore: Download Report

Managing Your Cyber Risk Posture: Download Report

The Global Risks Report 2017 (Mandarin): Download Report

Cyber Risk in Asia-Pacific: Download Report

Societal Aging's Threat to Healthcare Insurance: Download Report

The Impact of Oil Prices on Asia: Download Report

Advancing Into The Golden Years: Download Report

Evolving Risk Concerns In Asia-Pacific 2016: Download Report

RESEARCH ON RISKS THAT IMPACT ASIA PACIFIC

Our first major area of research is around societal aging in Asian economies and the estimated US$20-trillion cost of elderly healthcare between now and 2030.

We’re also focused on the changes required to close the financing gap in energy and infrastructure projects in Asia.

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SOCIETAL AGING IN ASIAN ECONOMIES

Aging Workforce: Cost and Productivity Challenges of Ill Health in Singapore

Singapore's aging workforce is projected to significantly increase costs and productivity loss due to ill health. Analyses of Mercer’s medical claims data from Singapore reveal that medical costs could reach up to S$1,973/employee (US$720) by 2030, with productivity loss due to sickness absenteeism, amounting to S$3.3 billion (~1% of GDP). With 60% of costs arising from 10% of claimants, this report discusses workforce strategies to mitigate the cost increases and capitalize on the productivity of an older and shrinking workforce. Download report.

Societal Aging's Threat to Healthcare Insurance

The analyses conducted in this report reveal that societal aging is projected to increase the prevalence of non-communicable diseases by 40 percent across Asia-Pacific by 2030. In turn, the rise in prevalence of these diseases is estimated to increase insurance premiums by up to four times, threatening the affordability and viability of healthcare insurance. With a significant portion of healthcare costs paid out-of-pocket in many parts of Asia, addressing these insurance challenges will contribute to the sustainability of the broader health ecosystem. Download report.

Advancing into the Golden Years

Asia Pacific is aging at a faster rate than any other region in the world. Governments, insurers, and individuals are not fully prepared from a financing, infrastructure, and workforce perspective for the escalating costs of caring for the additional 200 million citizens expected to join the ranks of the elderly between now and 2030. This report explores the impact of societal ageing on elderly healthcare costs and the implications for countries in the region. Download report.

RELATED RESOURCES

INFRASTRUCTURE FINANCING AND DEVELOPMENT

Closing the Financing Gap

It is estimated that developing Asia requires $26 trillion in infrastructure investment from 2016 to 2030 in order to maintain its growth trajectory and sufficiently eradicate poverty. However, the public sector is completely unable to fund the region’s future infrastructure needs on its own. As such, this report highlights the need to attract private investments for infrastructure financing and presents a set of guidelines in enabling infrastructure project bankability – reflecting the ideal environment and best practice execution. Download report.  

ASIAN PERSPECTIVES ON GLOBAL ISSUES

We bring together the best of global and regional expertise through strong relationships with key entities, including Marsh & McLennan’s Global Risk Center. Leveraging this connectivity, we deliver local perspectives on global risk issues.

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Evolving Risk Concerns in Asia Pacific 2017

The second edition of the Evolving Risk Concerns in Asia Pacific series insights from the World Economic Forum’s Global Risks Report 2017 and elsewhere to examine the key disruptive risk trends in the region, and their implications. Download Report.

MANAGING YOUR CYBER RISK POSTURE

The lack of information due to limited disclosure on the scale and frequency on cyber-attacks in Asia has traditionally contributed to a false sense of cybersecurity that could potentially result in significant losses. This report outlines the actions business must take to prevent and mitigate cyber-attacks by applying the right resources and developing contingency plans to effectively respond and manage when an attacks occurs. Download Report.

CYBER RISK IN ASIA PACIFIC

Cyber crime is becoming a greater risk in APAC, and cyber attacks are ranked among the top 5 risks of doing business in the region. Further, APAC has weak cyber regulations and enforcement, as well as a lack of cyber awareness and investment in cyber security among corporations. This report outlines steps for governments and companies to mitigate the risks. Download Report.

THE IMPACT OF OIL PRICES ON ASIA

This report sheds light on the impact of low oil prices on key stakeholder groups in Asia, ranked one of the most prominent risk concerns for doing business in the Asia-Pacific region, and provides recommendations for building resilience to oil price uncertainty and potential volatility. The Impact of Oil Prices on Asia is part of the Asia Pacific Risk Center's quarterly “Risk in Focus” series, which provides an in-depth look at the specific risks facing the region. Download report.

EVOLVING RISK CONCERNS IN ASIA-PACIFIC 2016

This report draws on insights from the World Economic Forum’s Global Risks Report 2016 and elsewhere to identify and examine the highest-priority risks for the Asia-Pacific region. It looks at three prominent risk concerns globally and three risk concerns locally, with an aim to propel governments and businesses toward concrete action and greater resilience. Download report.

BRINK ASIA: YOUR DAILY SOURCE FOR RISK INSIGHTS

Our long-term thinking on risk is informed by events as they happen. BRINK Asia’s digital platform delivers practical, up-to-the-minute insights that inform decision makers on current and emerging risks relevant to the Asian market.

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Up-To-The-Minute Insights

The BRINK Asia digital news hub provides timely insights such as data snapshots, analysis from authoritative sources, insights from your peers and informed perspectives from across Asia Pacific. It extends and refines the reach of BRINK's global site, bringing together knowledge and expertise from renowned thought leaders and Marsh & McLennan experts.

 

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