MAS sets ‘higher expectations’ for cyber riskJanuary 19 2021 by Yvonne Lau
- February 17
Two-thirds of Singapore small businesses say they do not have any cyber protection in place.
- February 16
The COR for the casualty market exceeded 100% for the first time since 2015.
- January 29
Rates recorded increases of 15-20% throughout 2020 with 'silent cyber' a key concern.
- January 19
Covid-19 and business interruption were the other top concerns across the region.
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.