IAN Reports
- Cyber
- Published 01 Feb 2022
Asia’s evolving cybersecurity insurance landscape
Amid an uptick in ransomware attacks and other digital threats, carriers across the APAC region are now revising rates and wordings to cope with this new risk environment.
Our inaugural report examines how the uptick in cyber attacks in Asia has affected the kind of cover carriers are offering to their clients while also providing country-focused analysis of claims, risks, rates and wordings. Hear from a range of industry experts including:
• Struan Todd, co-founder, Pandamatics Underwriting
• James Tuplin, head of international cyber underwriting, Mosaic Insurance
• Gareth Cottam, head of cyber – Asia, Crawford
• TL Lim, partner, Mayer Brown
• Nigel Collins, global technical lead for cyber, McLarens
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Asia commercial insurance rates decline 2% in Q1: Marsh
- April 25
Property, casuaty, finpro and cyber rates fell in the first quarter the year in Asia, while in the Pacific, property stabilised while casualty premiums continued to grow for the fourth consecutive quarter, albeit at a slower clip.
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Boutique finpro brokerage PLI Brokers launches in Australia
- April 19
The brokerage, founded by Melbourne-based managing director David Martin, will offer financial services and accounting professions products.
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CFC acquires Australia’s Solution Underwriting to grow cyber offering
- April 18
The specialty insurer will expand their presence in the country to five offices and nearly 100 underwriting, claims and incident response staffers.
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Hannover Re to combine global cyber, digital risks underwriting business
- March 26
Stefan Sperlich, who was leading the company’s North American structured reinsurance business, will head the Hannover-based business unit as managing director.