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
-
Medibank faces class action suit over data hack: report
- February 8
The lawsuit against the insurer was filed by Baker & McKenzie and funded by litigation funding company Omni Bridgeway.
-
Asian economic, BI and cyber worries on the rise in 2023
- January 25
Higher-than-expected inflation and financial market volatility are among the biggest concerns for insureds in the region.
-
Beazley issues first cyber cat bond
- January 10
The bond is worth US$45m and will indemnify against all perils in excess of a US$300m event.
-
‘Uninsurable’ cyber casts a long shadow
- December 30
Spiralling losses, evolving and unquantifiable risks and shrinking capacity in the region constrain (re)insurers.