Insurance News

Binance’s US$6.3bn hack began with a fake job offer, and it had no cyber cover
The exchange’s incident report traces a five-month North Korean campaign built on bogus recruiters and tampered developer tools, leaving its own reserves to absorb a record loss
By Matthew Sellers Nov 04, 2026
Binance’s US$6.3bn hack began with a fake job offer, and it had no cyber cover
Two convictions. One death. Zero recovery for the insurer
Two criminal convictions and a dead worker weren't enough to save this insurer's clawback
By Elaine Abasta Nov 04, 2026
Two convictions. One death. Zero recovery for the insurer
FWD’s new business margin rises 22% as Asian broker channels capture wealth planning demand
The pan-Asian insurer’s results illustrate a structural shift as clients across the region move from short-term savings products toward protection, retirement, and wealth planning solutions
By Roxanne San Jose Nov 03, 2026
FWD’s new business margin rises 22% as Asian broker channels capture wealth planning demand
New Singapore facility targets Asia’s fragmented data centre cover
Separate programmes for buildings, equipment, and power infrastructure create placement gaps as regional capacity demand accelerates
By Roxanne San Jose Nov 03, 2026
New Singapore facility targets Asia’s fragmented data centre cover
AI governance gap widens for Hong Kong insurance market
Regulators elsewhere in the region have already set compliance deadlines, raising the stakes for those still waiting
By Roxanne San Jose Nov 03, 2026
AI governance gap widens for Hong Kong insurance market
Hiscox ILS assets double to record US$3.1bn as cat exposure falls
The specialty insurer’s ILS assets more than doubled in 2026 while it deliberately reduced net catastrophe exposure
By Mark Rosanes Nov 03, 2026
Hiscox ILS assets double to record US$3.1bn as cat exposure falls
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