44% young adults suffer mental condition – Health insurance report

March 27, 2025

AXA Mansard Insurance says its recent Mind Health Report revealed that 44 per cent of young adults currently suffer from mental condition.

Its General Counsel and Human Resource Director, Omowunmi Adewusi, in a statement on Thursday, said that the company’s health report underscored importance of mental health in the workplace and among young people.

Adewuusi said “The mind health report is part of AXA’s ongoing commitment to promoting positive mental well-being and reducing stigma through holistic approaches.

“The state of mind health in the world continues to give cause for concern, with a lot of people currently experiencing a mental health condition.

“This fifth edition of the report shows a worrying trend among our youth. We also observed an interesting trend in the workplace that reveals work impacts employees mental health either as a source of support or a source of issues.

“According to the report, 44 per cent of young adults, aged 18 to 24 currently suffer from mental health conditions, with excessive use of social media and financial instability being major contributing factors.”

Adewusi noted that the report revealed that work-related stress, including excessive workload, tight deadlines, and a lack of work-life balance, remained a significant concern for employees.

She said it had become neccessary to prioritise mental health in the workplace as mental health remained a crucial aspect of overall well-being.

“Organisations must implement policies that support their employees.

“For us at AXA, this realisation is at the heart of our We Care Programme, which affords our employees benefits such as flexible working hours, access to professional counselling services, monthly health workshops, a supportive work environment, menstrual, extended paternity, and caregiver leave benefits.

“The findings of the AXA Mind Health Report 2025 highlights the urgent need for proactive measures to address mental health issues in the workplace and among the youth.

“We are calling on business leaders, government agencies, and other stakeholders to foster a wellness culture that promotes positive mental health and supports individuals in reaching their full potential,” she said.

The 2025 study, conducted in collaboration with IPSOS, aims to identify mental health and wellness issues in global society to build solutions to mitigate them.

A total of 17,000 respondents from 16 countries participated in the survey.(NAN)