Industry Segments: Cyber Page 9 / 16
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- April 8 2022
Frontier teams up with Relm for blockchain Asia cover
The partnership follows a similar arrangement with Berkley Insurance Australia.
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
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- March 28 2022
ICA calls for Australia cyber market overhaul
A new whitepaper calls for businesses, insurers and government to do more to promote sector.
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- March 23 2022
Insurers see large rise in Asia marine cyber GWP
But as loss ratios and prices increase, retaining momentum in the sector may not be so easy.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- March 9 2022
India privacy law to hit cyber, D&O policies
The need to comply with new rules will increase company exposure to data breaches.
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- March 2 2022
Ukraine crisis may force further hardening of Aussie cyber
Heightened threat constrains underwriting appetite.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 15 2022
Delta Insurance expands into Australia
The MGA is initially offering professional indemnity, cyber and commercial liability cover.
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- February 1 2022
New Aussie reporting rules may challenge cyber insurance
Insurers will have to split out their cyber data as part of IFRS 17 reforms – but this may not be so easy.
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- January 6 2022
Q&A: Peak Re’s Clarence Wong on claims’ inflation and cyber risk
The chief economist says the insurability of new risks such as cryptocurrencies will improve.
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- December 6 2021
Lloyd’s expands cyber war exclusions
New wording narrows the scope of standalone policies, excluding cover for losses attributed to a nation state.
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- December 2 2021
Chubb makes Singapore senior personal lines appointment
Tulio Puente will report to Scott Simpson, country president for Chubb in Singapore.
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- November 15 2021
SIRC 2021: Singapore finance minister backs ILS
Lawrence Wong also urged delegates to act on climate change and support the nascent cyber market.
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- November 15 2021
Munich Re’s Park on climate risks, underwriting and transformation
James Park, the reinsurer's chief executive for Singapore and South-East Asia, warns on unmodelled risks.
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- November 1 2021
Former Lockton cyber exec joins Marsh in Hong Kong: sources
IAN understands Marsh has appointed a new vice president -- head of cyber for Greater China.
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- October 28 2021
Parima 2021: Institutional capital an alternative to traditional capacity
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.
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- October 28 2021
Financial lines led Asia Q3 price hikes: Marsh
Heightened cyber risk generated pressure on pricing, a reduction in capacity and a narrowing of cover.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- October 5 2021
Japan’s SMEs see rise in corporate risks: GIAJ
General Insurance Association of Japan survey highlights a low level of consciousness among small-and-medium-sized enterprises.
