Tokio Marine Kiln (TMK) has appointed Mr Cesar Silvestre as Head of Cyber Reinsurance Solutions. In his new role, he will lead the launch of TMK's new cyber reinsurance solutions offering.
These are the updates on insurance regulatory developments in China.
Willis has appointed Mr Conor Keating as Head of Cyber, Asia, and Mr Carlos Grijalva as Head of Cyber Sales, Asia, effective immediately.
Quantum security will emerge as a top priority for enterprises across the APAC region in 2026. More than 90% of the firms in the region are expected to invest in post-quantum technologies as cyber threats intensify "harvest now, decrypt later" tactics according to research and technology company Forrester's "2026 Asia Pacific predictions" report.
Tech giant Microsoft has fixed vulnerabilities discovered by Check Point Research in its Teams platform, which is used by 320m people monthly.
A new framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region has been launched by global reinsurance brokerage and risk management firm Gallagher Re. The new initiative aims to align the growing demand for cyber reinsurance in APAC with global capacity, offering a flexible and comprehensive solution to meet the region's unique needs.
With the theme 'Unlocking Reinsurance', and titled 'Opportunities in a Changing Climate: Building Catastrophe Resilience in Thailand', the Thailand Reinsurance Conference 2025 opened with welcome remarks from Thai General Insurance Association president Somporn Suebthawilkul.
The Insurance Regulatory Authority (IRA) has published draft amendments, introducing insurance coverage for risks associated with cryptocurrency holdings. Under the proposed rules, the IRA is classifying "digital asset insurance" as a new subcategory of business.
The Financial Regulatory Authority (FRA) has issued a resolution that requires companies and entities engaged in non-banking financial activities to obtain cyber insurance, particularly if they operate a digital platform or electronic applications.
Insurers may see greater demand for cyber insurance coverage as AI-driven mobile attacks rise. According to the Verizon 2025 Mobile Security Index (MSI), 85% of organisations reported an increase in mobile attacks, as more employees use generative AI (genAI) tools for work.