QBE’s survey finds that nearly half of Hong Kong construction firms lack cyber cover, with supply chain attacks in Hong Kong and Singapore outpacing the global average.
The new facility will provide property damage and business interruption cover for both nuclear-critical and conventional risks, from construction to operation.
Dobias brings senior underwriting and leadership experience across Europe and Asia to his new role as Global Head of Multinational at Allianz Commercial.
The deal, subject to regulatory and other customary approvals, is structured to run at for least 10 years and aims to expand cyber risk capabilities and market growth for both the carrier and MGA.
