2025 Global Cyber Risk Report: Asia-Pacific Overview

This report provides a comprehensive analysis of the cyber insurance landscape in the Asia-Pacific (APAC) region for 2025. It outlines the current state of cyber insurance adoption, which remains low at approximately 6 percent of the addressable market despite increasing maturity among organizations. The report highlights significant geopolitical influences on cyber risk perception, noting that 63 percent of suspected nation-state-sponsored cyber operations originate from this region. It also details the competitive dynamics among international insurers and the influx of new cyber insurance carriers from the London market. The report documents a notable increase in cyber incidents, with a 29 percent rise year-over-year, contributing to a 22 percent increase in cyber insurance claims in 2024. Furthermore, it discusses the impact of artificial intelligence on cyber risk, particularly the rise in social engineering incidents. The report concludes with recommendations for businesses to consider cyber risk insurance as a protective measure against financial loss.