Business interruption

Taiwan earthquake: insurers brace for BI claims with tech operations disrupted

April 4 2024

Moody's predicts minor economic impact, while AM Best says ''significant amount' of any insurance losses could come from business interruption.

Cyber incidents surge among Hong Kong SMEs QBE survey reveals

March 8 2024

30% of SMEs reported hacking incidents, up from 18% the year prior, as survey highlights gaps between business concerns and insurance coverage.

mic-global-and-wrms-to-launch-parametric-microinsurance-flood-product-india

MIC Global and WRMS to launch parametric microinsurance flood product in India

February 15 2024

MiIncome Flood Resilience is a loss of income product designed to help protect India's merchants and gig workers.

cyber-a-key-concern-but-top-business-risk-varied-across-apac-allianz-report

Allianz identifies cyber as key concern, but top business risks diverge across APAC

January 17 2024

Allianz Risk Barometer sees cyber as top risk in three of nine APAC countries, but BI and Nat Cat rank high, with China focused on regulatory changes.

Major Australian port operator hit by serious cyber incident

November 13 2023

DP World Australia, which handles 40% of the nation's maritime trade, was hit by a disruptive cyberattack on Friday.

qbe-and-ms-first-withdraw-appeal-against-thai-luxury-resort-covid-19-claim-report

Thai luxury resort set to recoup millions after QBE and MS First withdraw appeal on Covid-19 BI claims: Report

October 19 2023

After a legal dispute spanning over two years, the insurers withdrew their appeal against a business interruption claim by Le Meridien Phuket resort, paving the way for potential recovery of several million...

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