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Fast-evolving threat landscape leaves APAC businesses vulnerable: Beazley study

Fast-evolving threat landscape leaves APAC businesses vulnerable: Beazley study

by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“As boardrooms prepare for risks on the horizon, it is encouraging that 37% of boardroom executives in Singapore are planning to explore insurance options that include risk and crisis management. In 2024, the insurance industry has a large role to play in helping...
“For those businesses that are proactively investing in cybersecurity measures, we expect prices to remain stable”

“For those businesses that are proactively investing in cybersecurity measures, we expect prices to remain stable”

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Interviews, Non-Life, Reinsurance, Risk Management

In an exclusive interview with Asia Insurance Post, Teck Siong Ng, Underwriter, Cyber & Technology, Beazley speaks about the latest trends in Asia’s cyber insurance market and outlines his company’s strategies to grow its business in the regionEdited...

Insurers pay Bangladesh owner $22.48 mln after ship explosion in Ukraine

by AIP Online Bureau | Mar 1, 2023 | International News, Non-Life, Reinsurance

Insurance was provided by Dhaka-based Sadharan Bima Corp. and reinsured through Lloyd’s of London player Beazley and broker Tysers, they added “All the formalities with the reinsurer are done. The amount will be remitted by tomorrow, if not today,” Syed Belal Hossain,...

Beazley launches industry’s first Cyber Catastrophe Bond

by AIP Online Bureau | Jan 10, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology

This is the first time that a liquid Insurance-Linked Securities (ILS) instrument has been created for cyber catastrophe risks, said Beazley The $45 million bond gives Beazley indemnity against all perils in excess of a $300 million catastrophe event, with the...
Fast-evolving threat landscape leaves APAC businesses vulnerable: Beazley study

Beazley launches Product Recall product in APAC market

by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The Beazley Manufacturing Risks & Response coverage is an innovative insurance solution that provides what manufacturers need to help protect their business and customers “Our solution includes offerings for any component parts and consumer goods . Adding this to...
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