QBE survey highlights that human error remains the main cause of cyber incidents across Australia and New Zealand, with younger workers exhibiting the poorest cyber hygiene.
Property and casualty insurance rates in the region fell 5% and 3% respectively, according to Marsh data, with financial and professional lines recording the steepest drop at 8%.
Business insolvencies around the world are expected to rise for a fifth consecutive year, with a 6% increase expected in 2025 and 5% in 2026 before easing slightly by 1% in 2027.