AI may be shifting from an emerging capability to a core part of how Australian businesses operate, but new research has shown that this shift is also rapidly reshaping cyber risk, turning what was once seen primarily as a productivity and efficiency enabler into a current and increasingly complex operational challenge.
The Australian Prudential Regulation Authority (APRA) has written to banks, insurers and superannuation funds, setting out its minimum expectations in relation to their readiness for geopolitical shocks.
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a new report by Willis.
Companies in China are ramping up investment in AI but are simultaneously grappling with increasing risks around vendor dependence, intellectual property exposure and cybersecurity, according to a new survey by global law firm DLA Piper.
1,300 participants from 175 companies across 27 countries gathered at the Grand InterContinental Seoul Parnas in Gangnam, Seoul from June 10 to 11 to discuss how artificial intelligence, cyber risk, and mobility innovation are reshaping the future of insurance. Participants assessed how the insurance sector must adapt to rapidly evolving technologies and interconnected risks that are redefining traditional underwriting and claims approaches.
The Insurers Federation of Egypt (IFE) is urging insurers to ramp up research and development in the industry to better understand the impact of digital trust on market behaviour.
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.