Cyber Insurance
Zurich launches 5-minute AI cyber insurance
Zurich launches 5-minute AI cyber insurance
The product automates underwriting for Australian firms via Cowbell partnership.
3 days ago
Insurers face China AI surge as report ranks disruption as top threat
Regulation change sits third with 33% citing it as a major risk driver for companies.
Malaysia insurers must confront catastrophe risk spike for 2026 report
Over one-third of respondent identified extreme weather events as their top risk.
Japan insurance market lags as Asahi ransomware breach hits millions
Cybercrime becomes top Japan business risk as 61% fear attacks.
South Korea cyber threat surges amidst thin insurance cover
The next two hazards listed are interruption and fire plus explosion.
Why are insurers ending silent artificial intelligence coverage?
Over time, risks are expected to integrate into mainstream insurance lines as claims data improves.
Will AI copilots replace legacy insurance systems by 2026?
Data shows executives trust generative AI at twice the rate of machine learning.
Cyber insurance gaps leave APAC vulnerable to rising digital risks
Limited coverage, financial modeling, and training hinder cyber insurance adoption.
Why Indian companies increase use of insurance after cyber threats rise
Indian companies reported heavy financial losses tied to key insurable risks.
Insurance IT market posts 11.6% growth in 2025
Looking ahead, the market is projected to reach $514.5b by 2029.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Corporate boards overconfident despite worsening cyber claims
Claims data showed that ransomware attacks averaged a loss of $2.7m.
Insurers strengthen cyber governance as oversight shifts to CEOs
About 40% said CEO compensation is now tied to cybersecurity performance.
Insurers set tougher terms as ransomware containment improves 33%
Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.
Why are businesses willing to pay more for insurance with AI protection?
Demand is strongest amongst the technology and financial sectors.