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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, September 27, 2026

Financial lines

edward-cheak-joins-miller-as-head-of-credit-and-political-risk-for-asia
Edward Cheak joins Miller as Head of Credit and Political Risk for Asia
August 5 2024
Cheak joins the (re)insurance broker from Credit and Political Risk insurance specialist Texel.
guy-carpenter-estimates-up-to-us1bn-in-economic-losses-from-crowdstrike-event
Guy Carpenter estimates up to US$1bn in economic losses from CrowdStrike event
August 5 2024
Event demonstrates importance of addressing both frequent mid-size and systemic risks in cyber insurance, says Guy Carp.
few-reinsurers-willing-to-underwrite-asia-pac-cyber-risk
Reinsurers' reluctance to underwrite Asia Pac cyber risk is limiting market growth
August 1 2024
Few global reinsurers ‘willing’ to underwrite Asia Pac cyber risk, says Greg Carter of AM Best.
athena-fan-moves-to-singapore-to-join-allianz-commercial-as-head-of-liability-for-southeast-asia
Athena Fan moves to Singapore to join Allianz Commercial as Head of Liability for Southeast Asia
July 29 2024
Fan relocates to Asia from Toronto, Canada, where she had been working as Senior Underwriter for AXIS Capital.
insurers-expect-crowdstrike-incident-to-lead-to-price-recalibration
Insurers expect CrowdStrike incident to lead to price recalibration
July 29 2024
At an AM Best panel, industry experts highlight importance of understanding technology dependencies and supply chain risks in cyber insurance.
allianz-commercial-names-karlis-trops-head-of-cyber-amp-tech-pi-asia
Allianz Commercial names Karlis Trops Head of Cyber & Tech PI, Asia
July 26 2024
Trops joins after four years with AIG Singapore.
cybercube-estimates-crowdstrike-cyber-insurance-losses-at-between-us400m-and-us1-5bn
CyberCube estimates CrowdStrike cyber insurance losses at between US$400m and US$1.5bn
July 26 2024
Event could be the most significant single insured loss in 20-year cyber insurance history, but does not match extreme scenarios modelled by insurers, says CyberCube.
bhsi-australia-promotes-michael-sharkey-and-hayden-veanes-to-dampo-manager-roles
BHSI Australia promotes Michael Sharkey and Hayden Veanes to D&O Manager roles
July 25 2024
Sydney-based Sharkey (left) takes on role for Northern region, while Melbourne-based Veanes (right) assumes responsibility for the Southern region.
financial-line-rates-in-asia-fall-9-in-q2-2024-marsh-reports
Asia's financial lines rates drop 9% in Q2, commercial rates decline 3% overall
July 24 2024
New data from Marsh shows a second quarter of falling commercial composite rates, with global rates stalling for the first time since Q3 2017.
q2-2024-sees-12-drop-in-pacific-financial-lines-rates-marsh
Pacific financial lines rates drop 12% in Q2 2024: Marsh
July 24 2024
Financial lines fell for the fifth consecutive quarter, with commercial property rates declining for the first time since Q4 2016.
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.
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25 September