The Philippines' insurance regulator, the Insurance Commission (IC), Bureau of the Treasury, Government Service Insurance System, Social Security System, Philippine Deposit Insurance Corporation and the Landbank of the Philippines have signed a Memorandum of Agreement (MOA) on a shared cyber defence solution for the insurance cluster In line with the directives of the Department of Finance, the solution is intended to enhance the agencies’ capability to detect, prevent and re

Two major cyber-attacks on Asian companies feature in Tokio Marine HCC International's (TMHCCI) annual 'Top 10 cyber incidents report' for 2025. The latest report highlights large-scale ransomware, systemic cloud outages and the first documented AI-orchestrated cyberattack at scale, as operational disruption and supply-chain dependencies continue to amplify financial and business risk across industries. Compiled by TMHCCI’s Cyber Security team, the report highlights how ranso

Insurance rates in Asia fell by 5% in the second quarter of this year, according to Marsh's latest Global Insurance Market Index. The...

APAC accounted for more than one-third of global cyber offensive in 2024 according to IBM's X-Force Threat Intelligence Index 2025....

Editor's note: In lieu of his column this week, Michael F. Rellosa shares this piece by Erickson H. Balmes. HACKED! This six-letter word...

KEY POINTS Warren Buffett and Berkshire Hathaway’s top insurance executive Ajit Jain recently warned of the potential for “huge losses”...

May 30, 2024 | The New World Hotel, Makati Charting the Path Forward: Implications for the Future of Insurance in the Digital Age - A...

In a digitalised global economy, insurers contribute significantly when protecting businesses against the cyber risks they face. The...