Financial lines

APAC cyber insurance market to grow to 8% global share by 2027: Munich Re

April 14 2025

The market is resilient enough to withstand multiple extreme cyber exposure scenarios, Munich Re says.

asia-pac-insurers-tighten-manufacturing-cyber-risk-assessments-as-rising-risks-loom

Asia's insurers tighten manufacturing cyber risk assessments as rising risks loom

April 10 2025

Legacy systems and AI-enhanced attacks are complicating cyber risk management in the manufacturing sector.

Beazley names Sydonie Williams as Head of International Cyber Risks

April 8 2025

She first joined Beazley in 2019 and was recently ROW Focus Group Leader for Cyber Risks.

willis-increases-cyber-facility-capacity-to-us115m-via-lloyds-syndicatesgoodbad

Willis lifts cyber facility capacity to US$115m

April 5 2025

The CyXS facility now offers a US$115m limit via Lloyd's syndicates and US$40m outside the Lloyd's market.

absence-of-strong-data-privacy-laws-slows-development-of-hong-kongs-cyber-insurance-market

Absence of strong data privacy laws slowing development of Hong Kong's cyber insurance market

April 3 2025

Lack of mandatory breach reporting limits data available for underwriters to price risk.

Insurers to benefit from edge computing efficiencies says Allianz Commercial report

April 2 2025

The global IoT landscape is set to expand rapidly, with connected devices projected to double by 2030, underscoring new opportunities for real-time insights and operational efficiency in insurance.

australian-deferred-pay-rules-increase-dampo-exposure-for-insurers

Australian deferred pay rules increase D&O exposure for insurers

April 1 2025

The Financial Accountability Regime (FAR), introduced in March, potentially brings a lot of personal exposure for directors, as well as for entities.

lockton-unifies-global-financial-lines-business-with-new-professional-and-executive-risk-practice

Lockton unifies global financial lines with new Professional and Executive Risk Practice

April 1 2025

Move unifies international ProFin team and U.S.-based Lockton Financial Services into a single global practice.

irdai-moves-to-overhaul-fraud-oversight-following-insurer-data-breaches

IRDAI mandates 6-hour cyber incident reporting for insurers and intermediaries

April 1 2025

The directive reduces the previous 24-hour reporting window.

Fairlight launches in Australia with Lloyd’s-backed insurance policies for medical practices industry

March 31 2025

Market Lane's newest MGA provides tailored liability and property solutions for medical, aged care, and NDIS providers.

Concern over environmental risks falls among Asia's directors and officers

March 28 2025

Three in four D&Os rank regulatory breaches as very or extremely important, while concerns about environmental pollution risk fall.

arch-insurance-australia-names-carey-sturgiss-as-senior-underwriter-professional-indemnity-for-southern-region

Arch Australia names Sturgiss as Senior Underwriter, Professional Indemnity for Southern Region

March 26 2025

She joins following four years with Chubb.

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