Cyber Insurance
CFC launches Connect portal for cyber insurance in New Zealand
CFC launches Connect portal for cyber insurance in New Zealand
The portal also lets brokers adjust limits and deductibles without underwriter input.
Only 47% of eligible clients hold cyber cover
Arctic Wolf sees cyber insurers facing higher claims in 2025.
Gallagher cites competitive pricing in commercial insurance
The property market remains stable despite recent floods.
Aon reports 22% rise in APAC cyber claims in 2024
Claims involving social engineering and fraud surged 233%.
Cyber insurance market to hit $74b globally by 2033
The market was valued at $14.2b in 2024.
Cyber insurance outlook stable, supported by new capital and regulation
Growth is expected to be driven by SMEs in Asia and Europe.
Aon urges insurers to consider client readiness in cyber cover
It found that cyber events with PR fallout cut value by 27%.
Oona Insurance bets on platforms to widen access
The firm is tapping digital partners to reach Southeast Asia’s mass market.
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
Cyber gross written premiums could double to $30b globally
The top 10 reinsurers account for 87% of the global cyber GWP.
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
Chubb launches new casualty, cyber coverage for life science firms in APAC
Businesses will have access to multiple insurance lines through a single package.
Few Singapore SMEs have cyber insurance
They seek to ward off cyber threats but not through insurance.
Cyber ILS market grows as insurers seek alternative risk transfers
Cyber insurance demand is seen to reach $23b by next year.
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