Cyber

Seven professionals in a conference room pose for a formal agreement signing, two center figures holding official folders with an Indian flag on the table and a crest in the background.

SBI Life, IIT Bombay to build AI & cyber defence hub for insurance

July 6 2026

The hub will prioritise safeguarding customer data as rapid digitisation creates an influx of sensitive user information.

Thin data, soft rates push Asia cyber underwriters further beyond traditional loss history

July 6 2026

Panelists at ITC Asia said internal case taxonomies and controls, such as MFA and EDR, offer signals where regional loss records fall short.

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Global cyber protection gap to quadruple by 2030 as climate, longevity risks mount

July 1 2026

Insurers will need to adopt AI, geospatial tools and specialist partnerships as conventional underwriting models struggle to keep pace with fast-evolving risks, says Japan's NTT Data.

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China’s NFRA sets tighter AI rules for insurers, banks

June 29 2026

High-risk uses, including underwriting and claims, will face stricter oversight, human review and privacy safeguards.

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Coverage gap widens as cyber threat targets Asia's manufacturers – TMK

June 26 2026

Traditional property and cyber policies may leave APAC manufacturers exposed when cyber-attacks disrupt physical operations, the insurer warns.

apra-urges-step-change-in-ai-risk-governance-as-adoption-accelerates

IRDAI to develop AI governance framework through industry working group

June 22 2026

The regulator seeks to establish guardrails for the growing use of AI in the sector.

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Korea adds cyber cover to co-insurance for national security facilities — Report

June 17 2026

The move brings previously uninsured cyber risks within scope for national security institutions under an expanded co-insurance framework.

Abstract image of glowing code and numbers streaming from left to right across a dark panel, conveying data flow and digital activity (informative).

Asian firms scrutinise cyber limits as ransomware losses climb – Willis

June 16 2026

The broker's global study of around US$1bn in insurer payments shows ransomware attacks last 25 days on average and cost US$5.3m.

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Australia GI rebounds in Q1 as claims ease, property losses moderate

June 12 2026

Industry underwriting profits jumped 34% year-on-year as property lines recovered from catastrophe losses, while cyber led premium growth and motor remained profitable.

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Gallagher Re warns restricted AI models could force insurers to price “uncertainty” in cyber, AI risk

June 11 2026

Limited access to frontier models like Anthropic's Mythos may leave underwriters relying on proxies rather than direct testing, the reinsurer said.

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