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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, July 28, 2026

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Cyber

aon-crowdstrike-outage-shines-spotlight-on-insurers-cyber-policy-wording
Aon: CrowdStrike outage shines spotlight on insurers' cyber policy wording
July 24 2024
There is a wide variation in how cyber insurers deal with non-malicious outages like CrowdStrike and as a result making loss estimates for the software failure is difficult.
fitch-pegs-crowdstrike-insurance-losses-in-mid-to-high-single-digit-billions
Fitch pegs CrowdStrike insurance losses in mid-to-high single-digit billion dollar range
July 23 2024
Incident unlikely to have a significant impact on global (re)insurers' results and claims should fall within primary carriers' retentions, says Fitch.
crowdstrike-update-triggers-complicated-insurance-catastrophe
CrowdStrike update triggers global tech outage
July 22 2024
Web of claims will ignite discussions around exclusions, while "silent risks" could see exposure accumulate in less obvious lines of business.
insurers-facing-claims-surge-after-crowdstrike-software-update-causes-global-tech-outage
Insurers brace for surge of claims after antivirus update causes "largest IT outage in history"
July 19 2024
Economic losses could run into the tens of billions, with claims set to trigger across multiple lines of business, notably BI, cyber, and travel.
howden-hk-appoints-flora-fong-as-executive-director-for-business-strategy-amp-growth
qbe-launches-global-cyber-insurance-product-qcyberprotect
QBE introduces global cyber insurance product, QCyberProtect
July 17 2024
New policy addresses a range of cyber risks and is available in ten countries including Australia, Hong Kong, Malaysia, Singapore, and Vietnam.
tokio-marine-reportedly-suffers-data-breach
Tokio Marine reportedly suffers data breach
July 12 2024
Attack on an outsourced firm's server may have compromised the personal data of 63,200 policyholders.
cysurance-partners-with-sophos-and-howden-to-launch-cyber-insurance-down-under
Cysurance partners with Sophos and Howden to launch cyber product down under
July 11 2024
Backed by Lloyd's syndicate carriers, insurer launches its "inclusive and affordable" cyber products in Australia.
howden-cuts-global-cyber-insurance-market-growth-estimate
Howden cuts global cyber insurance market growth estimate
July 5 2024
Global cyber insurance market growth stalled in 2023 as US premiums saw their first ever decline, but opportunities exist in Asia Pac’s underserved SME sector.
beazleys-head-of-apac-lucien-mounier-promoted-to-head-of-europe-cyber-risks
Beazley's Head of APAC, Lucien Mounier, promoted to Head of Europe for Cyber Risks
July 3 2024
Mounier promoted with immediate affect after six years leading APAC at the specialty insurer.
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28 August