The global cyber insurance market has expanded rapidly over recent years, with gross written premiums increasing from around $8 billion in 2020 to nearly $16 billion today, according to analysis from reinsurance broker Gallagher Re. The firm expects continued strong momentum, forecasting that the market could reach approximately $26 billion by 2030, driven by accelerating […]

Insurance providers across the Asia-Pacific (APAC) region are exhibiting notable resilience despite intensifying geopolitical tensions stemming from conflict in the Middle East, according to a recent assessment by S&P Global Ratings. Although the sector faces indirect exposure to global instability, analysts maintain that insurers are currently well-capitalised to endure short- to medium-term disruptions. The report, […]