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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, November 6, 2026

Financial lines

global-cyber-insurance-market-faces-growth-hurdles-but-potential-for-usd50bn-premiums-by-2030-report
Global Cyber insurance market faces growth hurdles, but potential for USD$50bn premiums by 2030: Report
July 5 2023
Howden reports the growth is achievable if three key challenges are overcome.
study-reveals-cyber-resilience-gaps-in-australian-financial-institutions-apra-urges-action
Study reveals cyber resilience gaps in Australian insurers and other financial institutions
July 5 2023
The APRA study involved over 300 banks, insurers, and superannuation trustees and identified gaps that entities can use to better protect themselves.
asia-cyber-insurance-market-set-for-growth-as-attacks-rise
Asia cyber insurance market set for growth as attacks rise
July 4 2023
Asia suffers the most cyber attacks globally but Australia remains the region’s only developed insurance market.
medibank-hit-with-another-class-action-lawsuit-over-2022-cyberattack-incident
Medibank hit with another class-action lawsuit over 2022 cyberattack incident
June 29 2023
The filing come just days after APRA asked Medibank to set aside an additional AU$250m (US$165m) capital buffer
australian-regulator-hits-medibank-with-au250m-capital-increase-following-cyber-incident-1
Australian regulator hits Medibank with AU$250m (US$167m) capital adequacy increase following cyber incident
June 27 2023
APRA imposed the increase following the October 2022 cyber breach, in which an estimated 9.7 million customer records were compromised.
chubb-launches-cyber-central-platform-for-brokers-and-agents
Chubb launches Cyber Central platform for brokers and agents
June 15 2023
Cyber Central helps simplify the quote process for cyber, technology E&O, and miscellaneous professional liability.
customer-data-likely-stolen-as-a-cyber-attack-hits-two-prudential-companies-in-malaysia-1
Customer data likely stolen as global cyber attack hits two Prudential companies in Malaysia
June 14 2023
The attack was part of the global MOVEit data-theft attack and is likely to have led to the theft of agent and customer data.
irdai-some-insurance-entities-are-failing-to-adhere-to-cyber-incident-guidelines
IRDAI: Some insurance entities are failing to adhere to cyber incident guidelines
June 14 2023
The Indian regulator issued a circular to make it clear that all insurance entities need to abide by its cyber incident protocol.
asic-launches-cyber-survey-to-measure-corporate-cyber-resilience
ASIC launches cyber survey to measure corporate cyber resilience
June 14 2023
ASIC has launched the survey to measure cyber resilience within the corporate and financial sectors, in light of increasing high-profile cyber attacks.
emergence-expands-cyber-insurance-offering-to-new-zealand
Australian MGA Emergence expands Cyber offering to New Zealand
June 5 2023
The cyber specialist has taken its first step internationally and will provide Cyber Excess policies with limits of up to NZ$20m.
mga-lloyds-syndicate-volante-launches-singapore-office
MGA & Lloyd's syndicate Volante launches Singapore Office
June 1 2023
Veteran Amy Fu will lead the office as the (re)insurer seeks to build its presence across Asia Pacific.
A photo of someone calculating the value of something using a calculator.
Australia's Victorian Government to abolish business insurance duty
May 24 2023
Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.
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