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  • Top cyber insurance industry predictions for 2021

    Cyber insurance is expected to go mainstream to address the spike in cyber risk for individuals and small businesses. Cyberscout, a provider of personal and commercial cyber risk assistance services, shares its perspective on the fundamental shifts in the global cyber risk landscape that happened in 2020, and what 2021 will bring for the insurance industry.

    Agents | 14 Jan 2021
  • Aon fireside chat: Customers demand a different approach to insurance protection

    Concerns have arisen around the efficacy of insurance contracts, and the COVID-19 pandemic has highlighted the gaps in "understanding and expectation" between customers and their insurers, according to Barclays' managing director of group insurance, Mr Farhad Jamooji, in an interview which is part of Aon's Virtual Reinsurance Renewal Season fireside chats.

    Asia | 14 Jan 2021
  • Reinsurance: Howden Group provides US$84m to increase Tamesis DUAL's capacity

    Howden Group Holdings yesterday announced an investment of $84m in support of Tamesis DUAL, the reinsurance division of DUAL Group, the world's largest international MGA. This additional capacity has been in place since 1 January 2021 and the capital was provided by Howden Group and a third-party investor.

    Asia | 14 Jan 2021
  • Global: Sukuk issuances set to increase in 2021

    Global sukuk issuance is expected to rise to about $140bn-$155bn this year from $139.8bn in 2020, thanks to a recovery in issuance in Malaysia, Indonesia, and the GCC countries, according to S&P Global Ratings.

    Middle East | 13 Jan 2021
  • Political risks - Asia scores better than the western world

    Asia Pacific countries not only managed the pandemic better than the western world in 2020, they are also doing better in terms of political risks according to the latest edition of Aon's Political Risk quarterly.

    Asia Risk | 13 Jan 2021
  • At least 250,000 UK small businesses could fold up without further help

    A record number of small business owners in the UK are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses, according to the latest Small Business Index (SBI) of UK.

    Asia Risk | 13 Jan 2021
  • 50 countries commit to protect 30% of Earth's land and oceans

    A coalition of 50 countries has committed to protect almost a third of the planet Earth by 2030 by halting the destruction of the natural world and slow extinctions of wildlife according to The High Ambition Coalition (HAC).

    Asia Risk | 13 Jan 2021
  • Deep-fake videos will be a major cyber risk

    The use of artificial intelligence (AI) and machine learning to create fake audio and video will impact businesses and individuals with an online presence according to a new report by CyberCube.

    Asia Risk | 13 Jan 2021
  • Record number of billion-dollar disasters struck US in 2020

    The year 2020 was an extraordinary one for weather and climate events in the US. The country had to endure an unprecedented 22 disasters in 2020, each costing more than a billion dollar according to a recap by National Oceanic and Atmospheric Administration (NOAA).

    Asia Risk | 13 Jan 2021
  • Three quarters of UK workers experience stress due to the pandemic

    Around 76% of workers in UK have reported being stressed, driven by uncertainty about their future and concerns over personal finances according to a COVID-19 impact study by Cigna Europe.

    Asia Risk | 13 Jan 2021

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