Industry Segments: Cyber Page 12 / 15
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- November 1 2018
Singapore launches US$1bn cyber risk pool
The initiative will bring together reinsurance and ILS markets to provide bespoke coverage for companies in Asia.
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- October 30 2018
Singapore to establish US$1 billion cyber risk pool
Singapore is aiming to bring insurers together to help protect businesses across the region.
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- October 29 2018
Ranger returns with financial lines MGA
Ex-CEO of Munich Re Syndicate, Jonathan Ranger, is heading new managing general agent Criterion Underwriting.
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- September 28 2018
Asia’s digital protection gap
A data breach at SingHealth shows that even Asia’s richest nations are vulnerable.
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- September 18 2018
Insurers brace for bigger ‘silent cyber’ losses
Increased risk perception has highlighted the need for specific cyber coverage.
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- September 11 2018
Munich Re says cyber market to double in two years
Companies could be spending up to US$8-US$9bn on cyber policies by 2020 as risks become more complex.
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- June 19 2018
Cyber insurance market to hit US$29.2bn in 2025
A new report from Progressive Markets shows that the sector could grow at an annual rate of 27.5%.
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- June 12 2018
Cyber insurance to see most rapid premium growth by 2021
Aon forecasts that worldwide cyber premiums will be worth US$4bn in three years.
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- March 9 2018
Cyber capital
New tools are being developed to help the industry better understand cyber exposures and allocate risk capital.
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- March 7 2018
Zurich backs cybersecurity consortium
The group aims to produce a set of standards fintech companies can sign up to and follow.
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- February 23 2018
Yearly cybercrime losses top US$600bn in 2017
Hackers are becoming more sophisticated, with India, Vietnam and North Korea emerging as cybercrime centres.
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- February 22 2018
Risk culture still lacking in Asia – EY
Less than half of insurers across the region have developed a risk culture or risk conduct framework.
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- February 7 2018
Allianz links up with Apple, Cisco on cyber coverage
Under the deal, businesses using equipment from the two firms discounts will get discounts on their cyber policies.
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- January 18 2018
Insurance sector ill-equipped against cyberattacks
Insurers have found a new battleground in providing cover for cyberattacks, according to Lloyd’s.
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- January 5 2018
Cyber risk rising
Are underwriters prepared for the digital equivalent of Hurricane Andrew?
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- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
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- December 14 2017
AIG launches new benchmark to gauge cyber risk
The model evaluates cyber security maturity against common attack patterns across commonly used devices.
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- November 28 2017
Autonomous ships may be uninsurable
Marine executives around the world have expressed concern that insurance may not be available for unmanned ships.
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- October 30 2017
AIG casualty insurance soon to include cyber cover
The insurer is in the process of shifting from issuing policies that do not specify whether cyber losses are covered.
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
