While broadly aligning with global worries around supply chain disruptions leading to a Black Swan event, five APAC countries are more concerned over global internet outage.
Shipping firms face stricter underwriting terms and rising costs as marine insurers react to heightened conflict risk in the Gulf and surrounding waters.
Following a series of failed bids, Zurich has now agreed terms to create a specialty insurance business with about US$15bn in annual gross written premiums.