Zurich rolls out cyberattack response service
June 27 2016 by InsuranceAsia News
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Global tech outage could see claims snowball but insurers ‘wait-and-watch’
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The impact on the industry will depend on the “waiting period” , however, there could be long-term BI and other complex claims.
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Munich Re promotes Chris Baker to APAC cyber practice lead
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Singapore-based Baker takes over the role from Serene Chan, who will head the carrier's P&C reinsurance business in Greater China.
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Munich Re’s Serene Chan takes charge as head of P&C reinsurance for Greater China
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Chan, who was previously regional head of cyber for Asia Pacific with the reinsurer, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
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APAC to account for 8% of non-US cyber premium growth by 2030: Howden
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Despite cyber insurance pricing dropping by 15% from the 2022-peak, growth opportunities abound especially among new geographies such as Asia Pacific, and niche segment such as SMEs, Howden said in its annual cyber report.
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