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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, October 15, 2026

Financial lines

medibank-being-sued-by-privacy-watchdog-over-2022-data-breach
Regulator blames Medibank cyberattack on lack of multi-factor authentication
June 20 2024
In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.
asia-pacific-corporates-could-be-underreporting-cyber-incidents
Asia Pacific corporates could be underreporting cyber incidents 
June 19 2024
Cyber risk is potentially higher in Asia Pac than other regions but a lack of disclosure requirements makes this difficult to monitor, says S&P Global Ratings
policy-wordings-failing-to-keep-pace-with-asia-pacs-ravenous-appetite-for-ai
Policy wordings failing to keep pace with Asia Pac’s ravenous appetite for AI
June 18 2024
Region’s businesses face potential insurance gaps as AI adoption surges.
allianz-commercial-appoints-vanessa-maxwell-as-global-head-of-cyber
Allianz Commercial promotes Vanessa Maxwell to Global Head of Cyber
June 18 2024
Maxwell takes on dual responsibilities as Global Head of Cyber and Global Head of Financial Lines.
silent-ai-risk-could-ramp-up-insurers-cyber-exposures-in-general-business-lines
‘Silent’ AI risk’ could ramp up insurers’ cyber exposures in general business lines 
June 13 2024
Wider AI use by businesses could add $4.4trn to annual global GDP growth and bring cyber risk directly into a number of general insurance lines says the Swiss Re Institute.
as-insurers-navigate-the-minefield-of-ransomware-due-diligence-on-sanctions-is-key-underwriters
Due diligence on sanctions key to navigating ransomware minefield: underwriters
June 7 2024
Industry faces ethical and legal challenges in managing ransomware claims amid rising cyber threats in Asia.
medibank-being-sued-by-privacy-watchdog-over-2022-data-breach
Medibank being sued by privacy watchdog over 2022 data breach
June 5 2024
Office of the Australian Information Commissioner alleges health insurer failed to take reasonable steps to protect the personal information of 9.7m customers.
lim-mei-yean-joins-marsh-as-svp-for-political-risk-amp-structured-credit-asia
Lim Mei Yean joins Marsh as SVP for Political Risk & Structured Credit, Asia
June 5 2024
Lim joins from AXA XL to take on Senior Vice President role.
dual-to-take-on-underwriting-and-management-of-allianz-australias-financial-lines-portfolio
DUAL to take over underwriting and management of Allianz Australia's financial lines
June 4 2024
MGA announces it will take over management of portfolio from 1 Oct, with Allianz remaining the 100% capacity provider.
samuel-bye-returns-to-axa-xl-as-head-of-cyber-for-asia-and-the-middle-east
Samuel Bye returns to AXA XL as Head of Cyber for Asia and the Middle East
June 4 2024
Bye returns to the global (re)insurer having spent nearly a year at Tokio Marine Kiln.
msig-hk-to-focus-on-growth-in-group-medical-financial-and-engineering-lines-sampp
MSIG HK to focus on growth in group medical, financial, and engineering lines: S&P Global
May 30 2024
S&P affirms Hong Kong insurer's A+ financial strength rating, expecting explicit support from Mitsui Sumitomo Insurance to continue.
hl-assurance-partners-with-payment-solution-provider-on-embedded-cyber-cover
HL Assurance partners with payment solution provider on embedded cyber cover
May 28 2024
HL Assurance partners with AXS to offer cyber fraud protection to AXS users in Singapore.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.