Risk Management

Is Southeast Asia Ready for Cyber Insurance Revolution?
Risk Management Is Southeast Asia Ready for Cyber Insurance Revolution?

In response to the escalating threat of cyberattacks in South and Southeast Asia, Lexasure Financial Group Limited and OneDegree Global are pioneering a strategic alliance with a vision to redefine the landscape of cyber insurance for businesses. As cyber threats loom larger than ever, this

Texas Court Rules on Contractors vs. Public Adjusters Roles
Risk Management Texas Court Rules on Contractors vs. Public Adjusters Roles

In the Lone Star State, the distinction between the roles of contractors and public adjusters in insurance claims has been decisively pronounced by a ruling of the Texas Supreme Court. This pivotal legal determination has provided necessary boundaries, being likened to drawing a line in the sand

Can Insurers Adapt to the Rising Cryptocurrency Risk Landscape?
Risk Management Can Insurers Adapt to the Rising Cryptocurrency Risk Landscape?

The advent of cryptocurrency has revolutionized the financial market, offering both monumental opportunities and formidable challenges. Cryptocurrency, such as Bitcoin, Dogecoin, and Ethereum, represents a significant shift in how value is perceived and transferred. However, the volatility and risk

Sharp Rise in Business Liability Claims Amid Stable Trends
Risk Management Sharp Rise in Business Liability Claims Amid Stable Trends

The corporate landscape is facing a significant shift as business liability claims have surged by 28% in 2023, an increase that stands out strikingly against the pattern of the previous two years. The total number of cases filed reached a startling 3,596, marking a steep ascent from the norm.

How Are Climatic Disasters Driving Up Home Insurance Rates?
Risk Management How Are Climatic Disasters Driving Up Home Insurance Rates?

The reality is both stark and unsettling: as the earth's climate continues to change, homeowners are feeling the heat in an unexpected way—through skyrocketing home insurance rates. The United States is finding itself confronted with a surge of weather-related catastrophes, each leaving its own

Swiss Re Report Unveils Top Global Risks Affecting Businesses
Risk Management Swiss Re Report Unveils Top Global Risks Affecting Businesses

In an era where uncertainty lingers at every market turn, Swiss Re's annual "SONAR Emerging Risk Report" surfaces to dissect the multifaceted threats confronting businesses and society alike. Dynamic and often unpredictable, these risks present an intricate puzzle for industries across the globe.

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