Cyber incident response planning has emerged as an important cybersecurity control in reducing an organisation's likelihood of experiencing a breach-related claim according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan.
Patch management, network segmentation and maintaining up-to-date data backups have been identified as the most effective mitigation strategies that organisations can leverage against widespread malware attacks, according to the findings of a recent survey.
Conditions in the automobile insurance market are moderate overall, although insurer appetite continues to be shaped by loss trends, according to the "Q2 2025 Global Insurance Market Insights Report", published by Aon.
Insurers in Australia and New Zealand demand a higher-than-average number of solutions from their clients to qualify for cyber insurance coverage according to a new survey by cyber security company Arctic Wolf.
APAC is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents, says global professional services firm, Aon, in its "2025 Cyber Risk Report".
Insurance rates in Asia fell by 5% in the second quarter of this year, according to Marsh's latest Global Insurance Market Index. The pace of decline was bigger than the 4% drop in global commercial insurance rates during the same quarter.
At the opening ceremony for the 13th National Anti-Corruption Commission (NACC) training course, chairman of the Office of the Insurance Commission (OIC) Lawaron Sangsanit delivered a special address.
Composite insurance rates in the second quarter of this year decreased by 5% in the India, Middle East, and Africa (IMEA) region, where rates for large and complex organisations are often impacted by the reinsurance market, according to Marsh's "Global Insurance Market Index" for 2Q2025.
As the UAE moves to expand its role as a global hub for artificial intelligence and digital infrastructure, Marsh, the world's leading insurance broker and risk advisor, is encouraging organisations to strengthen their cyber resilience strategies in line with the country's ambitions.
While the potential for transformation with AI technology remains vast for the insurance companies, the current implementation is far from robust. It is a $450bn opportunity on the horizon, however, only 10% of insurance organisations have partially or fully deployed AI agents, and a further 20% are merely dipping their toes into pilot projects according to a new report by Capgemini Research Institute.