Swiss Re China Cancer Forum
From vision to resilience towards Healthy China 2030
Cancer is one of the most prominent health challenges we face today. In 2018, it is estimated that 18 million persons were diagnosed with cancer world-wide. In China, the age standardisation rate for cancer was a little over 200 per 100,000 inhabitants – a figure likely to grow significantly as the population ages.
With China's rapidly ageing population and shifts in lifestyle, rates of cancer and other non-communicable diseases are steeply on the rise. Consumers are increasingly looking for solutions to cope with the risk of cancer and sales of critical illness products have increased sharply in China.
This is a great opportunity for insurers but not one without risk. While medical and technological advancements have made access to cancer screening and early detection more convenient for consumers, are insurers ready to manage the potential implications of asymmetrical information disclosure? Are health and medical service providers ready to cope with rising demand for cancer treatment?