A trio of Covid-19 related risks ranks at the top of Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (#1 with 41% responses) and Pandemic outbreak (#2 with 40%) are this year's top global business risks with Cyber incidents (#3 with 40%) ranking a close third.
Cyber insurance is expected to go mainstream to address the spike in cyber risk for individuals and small businesses. Cyberscout, a provider of personal and commercial cyber risk assistance services, shares its perspective on the fundamental shifts in the global cyber risk landscape that happened in 2020, and what 2021 will bring for the insurance industry.
Small and medium-sized enterprises (SMEs) will get more support to equip themselves with the skillsets to further grow their business under Prudential Singapore's SME Skills Accelerator (SSA) programme. It is a collaboration between SkillsFuture Singapore (SSG) and Prudential, under the SkillsFuture Queen Bee partnership.
The Life Insurance Association of Malaysia (LIAM) and its member companies have announced the extension of additional relief measures for affected policyholders to 31 December 2020 following the third wave of the COVID-19 pandemic in the country.
Aidan Yao, Senior Emerging Asia Economist at AXA Investment Managers (AXA IM) discusses the outcome and implications of US-China trade talk at G20.
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