Archive for the ‘Asia Pacific’ Category



April 15th, 2019

The Transformation of Australian and New Zealand Life Insurance

Posted at 9:00 PM ET

matthew_rose_01The life insurance industry in Australia is facing unprecedented challenges from forces within and from the effects of an increasingly globalized economy. As life industry profitability has declined in Australia in recent years, the underlying manufacturing business model is rapidly changing, according to Matthew Rose, Managing Director, Guy Carpenter.

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April 4th, 2019

Asia’s Health Care Industry Reels from Cyberattacks

Posted at 1:00 AM ET

cyber-handbook-cover-image-smallHealth care is one of the sectors most vulnerable to cyberattacks, with more than one in four (27 percent) health care organizations reporting that they have been a victim of a cyberattack in the past 12 months. This is more than financial institutions (20 percent) and nearly twice the incidence in the communications, media and technology sector (14 percent). Despite this, respondents from the health care industry underestimate the likelihood of a cyberattack.

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April 2nd, 2019

Are You at Risk? Managing Affirmative and Silent Cyber Risk Accumulation

Posted at 1:00 AM ET

Skyline of Dubai at nightThe script of the global cyber insurance market is still mainly being written in the United States. Approximately 85 percent of global cyber insurance premiums of between USD 2.5 and 3.5 billion are generated in the United States. The take-up rate for this line of business in Asia is still relatively low, but the Japan market has been experiencing steady growth in the last 24 months.

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