Marsh, Zurich whitepaper outline three-part plan to expand cyber coverage by strengthening resilience, quantifying cat risks, and increasing public-private partnerships.
Sector has experienced its most significant market shift since 2017, marked by increased insurer choice and improved conditions for buyers, broker said.
Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.
In its 2024-2025 corporate plan, the regulator emphasises the need for collaboration to improve affordability and strengthen the insurance industry’s resilience.
The global IT failure was the result of a hamfisted software update which shows that cyber risk is more than just 'a guy in a hoodie’, says Emergence CEO Troy Filipcevic.
