Cyber Insurance

Hong Kong SMEs pivot back to offline insurance channels

SMEs have scaled back cyber protection measures, with fewer investing in security solutions.
2 days ago

How much did APAC’s cyber insurance market bag in 2024?

Guy Carpenter cautioned about evolving threats such as ransomware.
6 days ago

Cyber ILS market taps $750m for expanding insurance

Cyber insurance market is expected to more than double in size over the next decade.

Cybersecurity insurance poised for 20.5% CAGR by 2032

The market was also valued at $16.4b in 2023.

Acclaim Insurance Brokers, CyberCube partner for cyber insurance

The broker’s CEO said it would let the company deliver informed cyber risk advice.

ANZ firms boost cybersecurity budgets despite layoffs

Cost pressures have led 25% of organisations to reduce IT and security staff.

Cyber reinsurance market sees increased competition: Gallagher Re

Discussions around cyber war, a 2024 hot topic, was less this year.

Allianz reveals top business risks for 2025

Natural catastrophes held the third spot in Asia.

Insurance-linked securities proposed for cyber threats: Geneva Association

It will attract additional risk-bearing capacity from outside the sector.

WTW launches cyber insurance facility in Singapore, Hong Kong

AI was ranked amongst the top five emerging risks in Asia.

Catastrophe bonds could boost cyber risk capacity

Cat bonds could significantly enhance risk-absorbing capacity.

Beazley unveils new head of cyber risks

They previously served as head of International Cyber for over a decade.

MSIG Asia reels in new VP for cyber, financial lines

He has over two decades of experience in the global reinsurance sector.

Global cyber insurance market to hit $97.3b by 2032

This is driven by the rising complexity and frequency of cyberattacks.

Cyber insurance premiums to hit $23b by 2026

S&P anticipates APAC to have one of the fastest growth rates.

Cyberattacks cost Australian businesses $71,600 on average

74% of Australians identify data breaches as a major privacy risk.