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.
Single premium sales jumped 36.5%, while banks remained the largest distribution channel for new business, accounting for S$593m (US$466m) of weighted premiums.
As demand for CCS insurance solutions grows across APAC, Willis has introduced a tailored CCS offering, positioned to aid the region's decarbonisation.