Panellists at PARIMA’s Singapore conference said captives are drawing more interest as fewer risks suit standard cover, but setting one up is hard without the actuaries, claims experts and insurers to...
Half of Australian respondents and 47% in Singapore reported higher cyber insurance costs or lost coverage following ransomware attacks, exceeding the global average of 42%.
Facilities that are out of date on completion and equipment that cannot be replaced new for old are complicating cover, while clustered sites raise aggregation concerns, speakers at the PARIMA Singapore...
Companies should map AI use, document controls and test incident plans as automated systems create exposures across cyber, liability and business interruption.