Australia Cyber Insurance Market
Cyberattacks cost Australian businesses $71,600 on average
Cyberattacks cost Australian businesses $71,600 on average
74% of Australians identify data breaches as a major privacy risk.
Actuaries Institute stresses need for SME cyber defenses
Large corporations reinforced cybersecurity, whilst many SMEs remain behind.
ICA calls for major overhaul of Australia's cyber insurance market
The group highlights challenges to maintaining and developing a cyber insurance market.
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1. HK-China insurers target offshore wealth as agent count hits 5.5-year high 2. AIA seen to deliver strong 2025 results: CGS International 3. India life insurance APE reaches 12.8% growth in January 4. Japan cyber risk exposes insurance gaps as losses hit 27% 5. This week in insurance: Taiwan profits slide, cyber and fraud covers roll out, regional leadership reshuffleResource Center
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