Global tech outage could see claims snowball but insurers ‘wait-and-watch’
July 19 2024 by Kristina Shperlik and Heather Ng
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Asia Pacific fastest growing market for cyber insurance: S&P Global
- December 3
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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Exclusive: Axis Capital’s Georgina Furness-Smith joins TMK Singapore as cyber underwriter
- December 2
Furness-Smith, who relocates from London for her new role, was most recently senior underwriter at Axis Capital.
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P&C GWP growth in mature APAC markets to reach 3.2% in 2024: Swiss Re
- November 20
Emerging Asia will remain the main driving force with non-life premiums to grow at a 7.4% CAGR in 2025‒26 as India outperforms all major developing markets.
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Mitsui Sumitomo to offer Australia SME capacity to Argyle Insurance
- November 15
The multi-year agreement, starting January 1, 2025, will offer business insurance packages with an extended combined limit of up to US$4.52m.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
