The global commercial insurance market entered 2026 with rare tailwinds for buyers, offering broad capacity, flexible underwriting and competitive pricing across many major lines, but the favourable environment sits alongside rising geopolitical, legal and claims-related risks that could quickly narrow options for organizations that delay action, says a new report from Aon.
Organisations and their people are operating under sustained uncertainty because of rising cyber threats, rapid adoption of AI and skilled labour shortages, according to 2026 People Risks report by Marsh.
Organisations and their people are operating under sustained uncertainty because of rising cyber threats, the rapid adoption of AI and skilled labour shortages, according to the "People Risks 2026" report, published by Marsh, the world's biggest insurance brokerage.
Although cyber remains the top risk for businesses of all sizes, sectors and regions, it was found that 83% of Singaporean business leaders still report confidence in their ability to fully financially recover from an attack. Despite this, 27% of respondents plan to invest in stronger cyber security.
Descartes Underwriting, a provider of parametric (re)insurance solutions for climate, cyber and emerging risks, has appointed Mr Jean Hermelin as Chief Strategy Officer. He will also join the Executive Committee.
Cyber risk has taken on a new threat level, with attackers now following a fast "smash and grab" approach, meaning they do not linger or spy for long. Instead, they typically launch ransomware and cause disruption in about a day, Beazley Security points out.
Middle East Insurance Review (MEIR), in solidarity with the insurance market, has started a special series named "Middle East Conflict: The MEIR Dialogue" to discuss the insurance impact of the armed confrontation across MENA as well as globally. The series continues with an interview with Zurich Insurance Senior Executive Officer for Commercial Insurance Middle East Peter Englund.
Continuum, a specialist risk advisory firm focussed on emerging industries, has announced a strategic partnership with Freed Capital Group, a licensed insurance broker in Hong Kong. As part of the partnership, Freed Capital has also made a strategic investment in Continuum.
In New Zealand, HDI Global has promoted Mr Richard Upton to the role of Branch Manager and Head of Financial Lines.
Just 50% of organisations in Asia feel confident in their cyber risk management and mitigation efforts, a level which is significantly below the global average of 72% and the lowest globally, according to a study by the world's biggest insurance broker Marsh.