Cyber

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Anthony Dagostino joins AXA XL in newly created Global Chief Cyber Underwriting Role

September 15 2023

Dagostino, founder of cyber insurance firm Converge, steps into the newly created role to spearhead the company's cyber growth.

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Monte Carlo RVS 2023 reflections: Further repricing on the way as cost of capital continues to bite

September 15 2023

Hardening rates, cost of capital, the protection gap, climate change, cyber, and AI all featured prominently during Les Rendez-Vous de Septembre 2023.

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Markel expands APAC footprint with 3 new Australian offices; appoints AXA XL's Morison as Country Managing Director

September 14 2023

Markel is opening offices in Sydney, Melbourne and Brisbane and has hired industry veteran Rory Morison to head up the country's operations.

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Moody's RMS establishes cyber steering group; announces significant investment in cyber analytics

September 13 2023

The group includes Munich Re, Gallagher Re and Bitsight and will aim to tackle constraints hindering growth of the cyber insurance market.

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Low penetration provides ample growth opportunities for Japan's P&C insurers: GlobalData

September 12 2023

Amid increasing motor vehicle sales and growing demand for coverage against natural catastrophes, Japan's P&C industry is forecast to surpass US$116 billion by 2027,

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Indian health insurtech launches cyber product

September 6 2023

Employee benefits insurtech Onsurity has introduced its first non-health product, a bespoke Cyber Insurance product aimed at safeguarding Indian SMEs from cyber risks.

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Carlos Grijalva returns to Hong Kong, joins WTW as Cyber Lead

August 31 2023

Ortega returns to Hong Kong after a 15 month stint in Ecuador as Head of Insurance.

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APAC ranks second for cyber insurance growth; reinsurance key to profitability: S&P

August 30 2023

The global cyber insurance market is expected to reach $23bn by 2025, but will require a high degree of market collaboration to maintain healthy profit margins.

Australia's APRA sets priorities roadmap in new corporate plan

August 29 2023

APRA’s 2023-24 Corporate Plan sets forth strategies to bolster the continuity of financial services amid rising threats, with cyber-attacks and climate-related financial risks both key concern.