Asia-Pacific insurers rethink risk amid regulatory and cyber pressures

“The risk landscape for Australian insurers has never been more complex, with heightened cybersecurity threats, macroeconomic and geopolitical uncertainty, continued regulatory scrutiny from [the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA)], and the need for greater operational resilience all adding to the challenges faced by insurance CROs and boards,” she said.