Nine in ten executives feel inadequately protected as Munich Re warns agentic AI will amplify attack frequency as the boundary between state-sponsored and criminal threat actors continues to blur.
Whitepaper finds there has been a tenfold surge in AI lawsuits and notes that traditional insurance often fails to cover key risks from AI errors, hallucinations, and systemic faults.
The W&I product expansion looks to address both historical and future risks with "predictable cost structure" for cyber, environmental, D&O, and crisis management add-on covers.
Under the agreement, Land Bank will lead procurement, while Insurance Commission (IC), Bureau of the Treasury, Government Service Insurance System, Social Security System, Philippine Deposit Insurance...
