Marsh, Zurich whitepaper outline three-part plan to expand cyber coverage by strengthening resilience, quantifying cat risks, and increasing public-private partnerships.
Praedicat’s models and predictive analytics help (re)insurers manage risks linked to catastrophic events, such as product and environmental liabilities, including in the Asia Pacific region.
Heas (left) joins the company after almost 10 years with Coface as Regional Head, while Ng (right) previously served as Arcor Capital’s Executive Director.
MGA expands Pacific presence, with Agile Insurance Group NZ offering underwriting solutions across general aviation, accident and health, casualty, and professional lines.
Deal, first announced in June, includes cover for Product & Public Liability, Compulsory Third-Party Motor, Professional Risks, and Workers’ Compensation portfolio.
Sector has experienced its most significant market shift since 2017, marked by increased insurer choice and improved conditions for buyers, broker said.
Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.
In its 2024-2025 corporate plan, the regulator emphasises the need for collaboration to improve affordability and strengthen the insurance industry’s resilience.
