Industry Segments: Cyber Page 9 / 14
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- April 19 2021
Australia’s hardening cyber market held to ransom
Aon report says the threat from ransomware has grown significantly in recent years.
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- April 14 2021
Cyber needs ‘massive’ capital injection to fuel growth
An increase in ransomware and other incidents has reduced capacity.
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- March 24 2021
HK-based Lloyd’s coverholder eyes Asia cyber market
Industry sources say the Pandamatics Underwriting start-up will hopefully spur competition.
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- March 19 2021
APRA wants more cyber data from insurers
The regulator agreed an extended timeframe with the ICA to facilitate a "more effective process".
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- March 17 2021
Bitcoin mining cover needs ‘realistic’ pricing
As policy requests grow, expert tells IAN the risk exceeds traditional data centres.
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- March 4 2021
Asia sees ‘biggest shift’ in cyber premiums
Expert tells IAN premiums are increasing even for those with "clean accounts".
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- February 17 2021
Asia SMEs resistant to cyber cover
Two-thirds of Singapore small businesses say they do not have any cyber protection in place.
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- February 16 2021
Australia liability GWP spikes in Q4: Marsh
The COR for the casualty market exceeded 100% for the first time since 2015.
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- January 29 2021
Australia cyber premiums to continue upward trajectory: Marsh
Rates recorded increases of 15-20% throughout 2020 with 'silent cyber' a key concern.
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- January 19 2021
MAS sets ‘higher expectations’ for cyber risk
The Singapore regulator told IAN that (re)insurers need to identify their key IT vulnerabilities.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- December 28 2020
Cyber insurance market to reach US$9.5bn in 2021
The Asia Pacific region recorded the highest number of malicious data breaches in 2019.
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- November 16 2020
Postponed Tokyo Olympics has significant digital risks
After the 2020 games were pushed back due to Covid-19, cyber and reputational risks are set to ramp up.
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- November 11 2020
Aon’s Greg Case says risk managers “more aware of long tail risk”
The next pandemic, cyber trends and a hardening market are on the agenda at Parima 2020.
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- October 12 2020
Singapore’s cyber focus creates path for (re)insurers
The Monetary Authority of Singapore is clamping down on financial institutions through new rules.
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- July 27 2020
MAS ramps up (re)insurers’ cyber risk regulation
The regulator looks to enhance its oversight and impose larger fines.
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- May 26 2020
Covid-19 creates spike in demand for cyber in Asia
The region's corporates are willing to increase limits as a result of more online activity.
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- May 19 2020
Beazley promotes Teck Siong Ng to cover cyber
It is the specialist's first Singapore-based underwriting role for cyber and tech.
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- March 27 2020
Cyber market exposed to home working amid Covid-19
Hackers are taking advantage as millions take on remote working worldwide.
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- February 18 2020
The lessons from Travelex’s cyber troubles
The knock impact from a breach of cybersecurity had wide implications.
