There has been a notable shift in the landscape of supply chain risks, according to a 2025 survey conducted by WTW. As businesses faced increasing cyber security threats, material shortages and geopolitical tensions, concerns such as regulatory compliance and talent shortages have taken a backseat.
Organisational approaches to supply chain risks and insurance experienced bouts of "consistency and notable shifts" between 2023 and 2025, said WTW's "Global supply chain risk report: Navigating supply chain risks and insurability", released recently.
Survey results published QBE show that executives and decision makers in SMEs in Hong Kong and Singapore harbour concerns about a wide range of business risks, yet very few have insurance policies to protect their companies against the risks.
The failed CrowdStrike update that caused mayhem for the computer systems of many corporates in Asia Pacific could see insurers in the region faced with hefty claims that no one saw coming.
With the launch of cultural insurance in April 2024 in Saudi Arabia covering artworks and cultural assets, insurance companies are beginning to provide insurance products for the cultural and heritage sector, according to the official spokesman for the Saudi Ministry of Culture, Mr Abdulrahman Almutawa.
Cyber incidents is the top business risk in India for the seventh consecutive year according to the latest Allianz Risk Barometer, compiled by Allianz Commercial, which is Allianz Group's corporate insurer.
The outage involving telecommunications company Optus' services on 8 November 2023 led to widespread disruption to Australian businesses who might wish to consider their insurance position. Early indications, however, suggest that recourse to common forms of business insurance may be limited, at best, says Ms Lucy Terracall, a partner of the law firm Clayton Utz.
Some of the world's largest and important ports may become unusable by 2050 as rising sea levels hit operations according to a new report released in September 2023.
While energy transition requires a dramatic increase in the supply of critical materials, their supply chains remain vulnerable to a range of geopolitical risks according to a new report by the International Renewable Energy Agency (IRENA).
The risk of contingent business interruption has overtaken the risk of cyber security as the top risk for technology sector in Asia according to a new survey conducted by global (re)insurance broker Marsh.