Navigating a Challenging E&O and Cyber Insurance Market
11:00 – 12:00 SGT/HKT
Speakers: Lee Sullivan, Adam Peckman, Andrew Mahony, and Michael Parrant
For organisations in Asia Pacific, the 2020-21 hardening market cycle was particularly acute, given the relatively favourable pricing, lower retentions, and relaxed underwriting approach.
However, 2022 has seen a sharp focus on cyber attacks with millions of data records breached in the region, which has raised scrutiny on the market as the fallout from the recent incidents continues.
As the global cyber insurance market stabilises, it is anticipated that there will be a similar correction in the Asia Pacific market, albeit occurring at a lagging pace.
Please join us as our expert panel provides a recap of the 2022 risk environment and shares insights on pricing data, key market movements and notable cyber loss trends in Asia Pacific, along with a discussion around expected conditions as we move into 2023.