Cyber

IRDAI ‘closely monitoring’ insurer cyber data breaches

October 21 2024

Star Health and at least one other insurer have been subject to cyber attacks resulting in stolen policyholder information.

Mitsui Sumitomo Insurance enters Australian cyber market through multi-year capacity deal with Coalition

October 17 2024

Building on their collaboration in Japan, MSI will provide capacity to cyber MGA, Coalition, which launched in Australia in late 2023.

Fitch: Asia reinsurance pricing is stable on adequate capacity

October 16 2024

There is potential for growth in the cyber insurance and ILS markets in the Asia Pac region according to the ratings agency.

Jess Millen joins Coalition as Business Development Manager for QLD

October 15 2024

Millen joins the MGA from Emergence Insurance.

Lower cyber loss severity in Asia, but region seeing a noticeable uptick in incidents: Allianz

October 11 2024

Asian firms face rising cyber threats despite lower loss severity, as Allianz warns of increasing incidents and evolving regulatory landscape.

HK Insurance Authority warns of rising cyber threat

October 8 2024

Cyber insurance penetration in Hong Kong is half the level of Singapore as a percentage of GDP.

regulations-a-key-catalyst-for-rapid-expansion-of-apac-cyber-market-gallagher-re

Regulations among key catalysts for continued growth momentum of APAC cyber insurance: Gallagher Re

October 4 2024

Low penetration rates, evolving risks, regulatory environment, and digitalisation means cyber should continue to grow swiftly in the region.

OneDegree Group reports first operating profit in Q3 2024

October 2 2024

The insurtech attributes achievement to its tech-first approach and positive performance of flagship offerings, such as digital assets protection and pet insurance.

recalibrating-cyber-risk-appetite-howden-urges-reinsurers-to-embrace-opportunity

Low and no-cost cybersecurity actions for companies | AXA XL

October 1 2024

By Sam ByeHead of Cyber, Asia & Middle East at AXA XL As a leading provider of cyber-insurance solutions, AXA XL has extensive, first-hand experience with cybercriminals’ methods for carrying out...