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asia-pac-insurers-tighten-manufacturing-cyber-risk-assessments-as-rising-risks-loom

Asia's insurers tighten manufacturing cyber risk assessments as rising risks loom

April 10 2025

Legacy systems and AI-enhanced attacks are complicating cyber risk management in the manufacturing sector.

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Soft market persists for Asia’s energy insurers in 2024 despite rising upstream losses: WTW

April 10 2025

Upstream losses in 2024 exceed US$1.3bn globally, with two of the three largest events occurring in Asia.

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ACCC delays decision on IAG–RACQ and Allianz–RAA deals

April 10 2025

Regulator says it wants to gather further information before making a decision.

Allianz flags rising civil unrest in Asia Pacific as key risk for insurers

April 9 2025

The region recorded nearly 40,000 protest and riot incidents in 2024, making it the most affected region globally.

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AXA partners with Ant Bank, AlipayHK on embedded insurance solutions

April 9 2025

AXA to offer insurance solutions through Alipay platform, beginning with life and savings products before expansion later this year.

Beazley names Sydonie Williams as Head of International Cyber Risks

April 8 2025

She first joined Beazley in 2019 and was recently ROW Focus Group Leader for Cyber Risks.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

China launches new system to report medical insurance fraud

April 8 2025

NHSA introduces WeChat-based reporting for medical insurance fraud with rewards for valid leads.

Asia drives global life insurance growth as players adapt to regulatory changes, local competition

April 8 2025

2024 financial results show life insurers growing in Asia thanks to rising demand for health and retirement products, even as tighter regulations and increasing competition change the playing field.

Marsh Asia appoints Astrid Suryapranata as Mercer Marsh Benefits Leader for Indonesia

April 7 2025

Suryapranata has been with MMC for ten years.

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