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  • Rapidly melting glaciers release unknown bacteria into water ecosystems

    Fast-melting glaciers are releasing staggering amounts of unknown bacteria into rivers and streams, which could transform icy ecosystems according to new research.

    Asia Risk | 30 Nov 2022
  • Risks to democratic processes are increasing significantly

    One third of countries across the world have seen risks to their democratic processes increase significantly during the past five years, with corporates operating in poorly ranked countries facing ESG and supply chain threats according to Verisk Maplecroft democratic governance ondex (DGI).

    Asia Risk | 30 Nov 2022
  • Majority make use of their cyber insurance

    A majority of organisations (80%) have had to use their cyber insurance and more than 50% have used it more than once according to a new analysis by Delinea.

    Asia Risk | 30 Nov 2022
  • Cyber criminals are getting more 'innovative'

    The cyber threat landscape has reached a new level of commercialisation and convenience for would-be attackers, with nearly all barriers to entry for committing cyber crime removed through the expansion of cyber crime-as-a-service according to Sophos' 2023 Threat Report.

    Asia Risk | 30 Nov 2022
  • Property reinsurance premiums expected to increase by over 10% in Jan 2023

    Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says.

    Asia | 25 Nov 2022
  • Descartes Underwriting hires chief revenue officer

    Descartes Underwriting has appointed Mr Louis Bollaert as chief revenue officer who will oversee expanding Descartes' corporate offering to climate-exposed markets globally. As the company reaches advanced stages of new product development, he will also manage the roll-out of expanded product lines and customer segments.

    People | 24 Nov 2022
  • Major trends in marine insurance claims

    Fire, collision and sinking, and damaged cargo are the top causes of marine insurance losses by value according to Allianz Global Corporate & Specialty's (AGCS) analysis of more than 240,000 claims worth EUR9.2bn in value.

    AIRPlus | 24 Nov 2022
  • Majority of digital healthcare claims wouldn't be covered under traditional policies

    Over two-thirds (70%) of claims from digital healthcare presently come from areas which would not be covered under traditional medical policies or traditional malpractice solutions according to a new report by CFC Underwriting.

    Asia Risk | 23 Nov 2022
  • A third of people face life in climate hotspots

    Climate change impacts - from slow-moving crises such as drought and sea level rise to weather disasters - are increasingly displacing people from their homes and worsening conflict threats according to scientists at the COP27 UN Climate Talks.

    Asia Risk | 23 Nov 2022
  • Increasing cyber attacks call for improving cyber resilience

    Unprecedented digitalisation in our society has pushed many business leaders and executives to understand how they can adequately assess and govern cyber risk according to a new blog by World Economic Forum (WEF).

    Asia Risk | 23 Nov 2022

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