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, […]

Bangladesh is set to implement a significant structural overhaul of its money market as the central bank transitions away from bank-submitted reference rates towards a fully transaction-based benchmark system designed to reflect genuine market dynamics more accurately. The Bangladesh Bank has confirmed that the new framework—modelled on globally recognised standards such as the Secured Overnight […]

Malaysia’s insurance industry is entering a decisive phase of transformation, as mounting structural challenges threaten to render a growing proportion of risks economically uninsurable. This stark warning was delivered by Rangam Bir, Chief Executive of Transformative Financial Services, at the Asian Banking & Finance x Insurance Asia Summit 2026. Bir argued that the sector has […]