Line of business: Cyber Page 1 / 17
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- July 14 2025
Australian tech-focused MGA Codex Insurance launches with MS Amlin capacity
Lloyd's coverholder, founded by former Vero undewriter Andrew Sharbeen, offers ICT liability and cyber insurance products.
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- July 8 2025
Financial lines rate reduction should bottom out as potential large losses loom: Frontier Global’s Joel Pridmore
Sector faces significant challenges, including major litigation such as class actions, regulatory scrutiny of Australian superannuation funds, cyber events, greenwashing, and the risk of under-reserving.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
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- June 24 2025
In unique Asia, underwriters look to stay dialed amid ‘unprecedented wave’ of cyber attacks
A surge in cyberattacks is likely behind a 14% rise in large cyber claims in Asia during the first half of last year, with a new report shining a light on attacks on the financial services sector.
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- June 23 2025
Samsung Re takes Gallagher Re’s Sie Liang Lau as head of cyber and casualty
Singapore-based Lau will lead build out of the reinsurer's portfolios across APAC and MENA, while supporting Samsung Fire & Marine's global cyber insurance ambitions.
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- June 10 2025
Swiss Re promotes Giv Kahrom to head of cyber for regional markets
Singapore-based Kahrom will oversee cyber underwriting and business development in all global markets, excluding the US and the UK.
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- June 9 2025
Putting Markel on the map: International president Andrew McMellin eyes US$500m APAC premiums written by 2030
Specialty insurer also targets US$5bn of premiums across its international markets, while trying to get a 50/50 balance between London and non-London books of businesses.
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- June 6 2025
WTW appoints Amarpal Singh as cyber leader in India
Delhi-based Singh has also been named as north leader within the financial and executive risks (finex) division at Willis.
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- June 2 2025
Lockton taps Aon’s Darryl Lee as head of professional, executive risk
Singapore-based Lee previously worked at Aon for almost eight years, most recently as associate director for financial services and professions group/sales and marketing.
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- May 6 2025
Stress test shows Kiwi insurers can meet claims in NZ$100bn earthquake scenario
New Zealand's central bank assessed the responses to a major earthquake and severe cyber-risk incidents by simulating an event well beyond insurers’ solvency requirements, modelled to cost around US$60bn.
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- April 28 2025
AIG snaps up Munich Re’s Harprit Singh Narang as APAC cyber leader
Singapore-based Narang spent almost six years with Munich Re, having also worked for the likes of Deutsche Bank and Barclays Investment Bank.
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- April 25 2025
Parametric insurance ‘plugs the gap’ as nat cat losses strain traditional coverage: Descartes’ Ben Qin
Head of North Asia and Australia tells InsuranceAsia News’ Between The Lines podcast that parametric insurance's speed and payout certainty offers a critical advantage over traditional claims.
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- April 25 2025
With boots on the ground in Australia, CFC eyes strong growth, upselling opportunities
Following the acquisition and rebranding of Solution Underwriting, the MGA's Australia managing director Anita Lane looks to the future and reflects on the softening commercial insurance market.
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- April 24 2025
Pacific rates suffer largest global fall at 8% in Q1, Marsh says
Finpro pricing fell by 10%, while property and cyber declined by 9% and 8%, respectively.
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- April 24 2025
Asia insurance rates down 3% in Q1 2025, fifth straight quarter of decline: Marsh
Property rates down 3%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 8%, according to the broker's Global Insurance Market Index.
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- April 22 2025
US$1.5bn Bybit hack offers ‘a profound wake-up call’ for nascent Asian crypto insurance market
Short-term capacity contraction and premium increases of up to 50% expected as sector is set to recalibrate.
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- April 9 2025
WTW elevates Carlos Ortega as cyber leader for Hong Kong, greater China
Ortega, who was earlier lead for Hong Kong, has held senior roles across Asia and Latin America, focusing on financial and cyber insurance.
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- April 8 2025
APAC cyber premiums to top US$3bn by 2030: Munich Re
Reinsurer expects global market to more than double to US$32.4bn in the next five years, making it one of the most rapidly growing insurance sub-sectors.
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- April 7 2025
New cyber liability ‘risk is real’ for Australian insurers after privacy law change
Cyber Security Act, accompanied by the Privacy and Other Legislation Amendment Bill 2024, has increased the companies' responsibilities around cybersecurity, law firms say.
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- March 24 2025
APAC firms preparing to fail as ‘jarring’ cyber shortfall emerges despite increased threat
Companies’ vulnerabilities are growing as attack surface has increased and there is real prospect of regulatory intervention, consumer action and long-term reputational damage.
