Japan Cyber Insurance Demand Rises as Companies Face Growing Cyber Threats
Japan's cyber insurance market is attracting increasing attention as businesses confront ransomware attacks, data breaches and operational disruptions. Cyber insurance contracts reported by nine providers grew from 74,852 in fiscal 2020 to 344,930 in fiscal 2025. Recent attacks have reinforced concerns about financial exposure and the need for stronger risk
India Launches Credit Risk Insurance for Shipbuilders With ECGC, New India
India’s Ministry of Ports, Shipping and Waterways has rolled out two government-backed credit risk insurance products to protect domestic shipyards against buyer defaults and delayed milestone payments. Backed by a ₹1,443-crore sovereign corpus and underwritten by ECGC and New India Assurance, the policies aim to de-risk multi-year vessel construction. India’s
PHP2Shell Flaws Test Cyber Insurance Risk Models and Policy Triggers
Active exploitation of the critical PHP2Shell web vulnerabilities has put cyber insurers, brokers, and policyholders on high alert. As governments order rapid patching and precautionary system shutdowns, claims specialists and rating agencies warn of complex coverage disputes over business interruption waiting periods, patching warranties, and potential spillover into directors and
Contour Underwriting Taps KYND for Global Cyber Insurance Analytics
Contour Underwriting has appointed cyber risk intelligence provider KYND to support the launch of its global cyber insurance proposition. By embedding real-time cyber risk analytics from day one, the underwriting agency aims to move beyond static renewal questionnaires, strengthen broker collaboration, and improve risk visibility across small and medium-sized enterprises.
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