Financial lines

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.

hdi-global-reports-record-gwp-for-2023-driven-by-growth-in-apac-markets

HDI Global targets Australian mid-market growth, Southeast Asia expansion in 2025

March 26 2025

HDI's insurance revenue hits EUR 10bn (US$10.79bn) in 2024, with combined ratio improving to 90%.

australias-cyclone-reinsurance-pool-hit-99-coverage-by-sum-insured-but-count-of-risks-falls

Pursuit Underwriting launches in Australia, partners with Berkley

March 26 2025

The MGA offers a combined liability product, aiming to serve the recreation, wellness and tourism sectors.

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