Insurance broker Lockton saw premiums across its cyber portfolio drop 11% in 2025. The first half of the year saw the sharpest reductions, with more moderate decreases in the second half. Lockton ...

Cross-border bank credit to Asia-Pacific emerging market and developing economies (EMDEs) fell by $45.5 billion in Q3 2025 – the largest quarterly decline in two years – as the region’s annual ...

Pietro Rossi had a problem. An insurance company needed a model that could price bonds based on the likelihood of changes in credit ratings. The standard, off-the-shelf models are based on probability ...

In the issue’s first paper, “Estimating the correlation between operational risk loss categories over different time horizons”, Maurice L. Brown and Cheng Ly focus on the issue of loss frequencies ...