Data scarcity is a central constraint for Africa's insurance market development, according to the Africa Insurance Pulse 2026 , an annual flagship publication released by the African Insurance Organisation (AIO).
Munich Re has announced that its cyber businesses in APAC and Africa will be led by a newly appointed management team.
Munich Re has announced that its cyber businesses in Africa and APAC will be led by Ms Johanna Roman. In her new role, effective 1 July 2026, she will lead the business in Australasia, Greater China and Africa.
Lockton Sime Malaysia has appointed Mr Siva Thangavelu as COO. He brings more than 20 years of financial services experience across banking and insurance to the role.
Regulators, investors and executive leadership teams are increasingly treating cyber incidents not as technical failures but as matters of governance, resilience and accountability.
Cyber security will remain the top risk requiring the most attention from insurance chief risk officers (CROs) over the next 12 months, according to the "EY-IIF Global Insurance CRO Survey".
Willis latest D&O liability insurance survey 2026 revealed that data loss and cyberattacks remain top concerns for directors and officers in Asia.
Gallagher Re has appointed Mr Carlos Grijalva as Executive Director, Head of Cyber for APAC.
Asia is emerging as one of the most important growth regions for cyber insurance globally, according to joint research published by cyber risk analytics leader CyberCube and United Insurance Brokers (UIB), the international insurance and reinsurance Lloyd's broker.
While nearly a third of insurers around the world have fully digitised across the value chain, less than one in 10 have achieved the top tier of digital maturity. In fact, most insurers surveyed remain somewhere in the middle of their digitalisation journey.