Media OutReach
Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at #2 in Asia Pacific
- Cyber, especially ransomware attacks, ranks as the #1 risk for companies of all sizes (36% of responses)
- Artificial Intelligence is the biggest riser and jumps from #9 to #2 (32%), highlighting the emerging risks for companies in almost all industry sectors
- Business interruption, strongly connected to geopolitical risks and natural catastrophes, remains a significant concern at #3
Allianz Commercial CEO Thomas Lillelund comments: “Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026’s fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the Allianz Risk Barometer. As well as bringing huge opportunities, its transformative potential and rapid evolution and adoption are also reshaping the risk landscape, making it a standout concern for firms of all sizes worldwide, alongside other more established threats.”
Christian Sandric, Allianz Commercial President, Commercial, Asia Pacific, says, “The evolving risk landscape, particularly in the areas of cyber threats and the adoption of AI, pose new challenges to businesses in the region. With Asian economies playing a pivotal role in global and regional trade, the potential for business interruption also remains a significant concern. This volatile environment stresses the importance of resilience in a business’ supply chain, response measures, and risk management strategies to withstand and recover from disruptions.”
Cyber risks the biggest concern for companies
Cyber incidents is the top risk in Asia Pacific, and a top three risk in Australia, Hong Kong, India, Japan, Singapore, South Korea, and Thailand. The Asia Pacific region experienced the most cyberattacks in 2024, increasing 13% year-on-year and accounting for 34% of attacks globally. While businesses in Asia, in particular large companies, have shown an increase in cyber resilience and appetite for cyber risk transfer solutions, their overall cyber coverage is generally lower compared to American or European peers and a significant portion of large organizations still remain self-insured.
Globally, cyber incidents is the top risk for the fifth year in a row, with its highest-ever score (42% of responses), and by a higher margin than ever before (+10%). It ranks as the main corporate concern in every region (Americas, Asia Pacific, Europe, and Africa and Middle East). The continued presence of cyber at the top of the Allianz Risk Barometer reflects a deepening reliance on digital technology at a time when the cyber threat landscape, and geopolitical and regulatory environments, are fast evolving.
AI creates emerging risks as well as new business opportunities
Ranking #2 in Asia Pacific, AI is a top three risk and biggest riser in Australia, China, Hong Kong, India, Malaysia, and Singapore, economies which are in the top 50% in terms of AI readiness. More than 90% of companies in the region are planning to scale up Generative AI over two years, with a focus on managing costs and lifting revenues.
Globally, AI has surged into the top tier of business concerns, rising to #2 (32%) in 2026 from #10 in 2025 – the biggest jump in this year’s ranking. It is a big mover in all regions – ranked #2 also in the Americas, Africa and the Middle East, and #3 in Europe – and is a growing risk for companies of all sizes too, moving into the top three for large, mid-sized and smaller firms. As AI adoption accelerates and becomes more deeply embedded in core business operations, respondents expect AI-related risks to intensify, especially when it comes to liability concerns. The rapid spread of generative and agentic AI systems, paired with their growing real-world use, has raised awareness of just how exposed organizations have become.
Business interruption strongly connected to geopolitical risks and natural catastrophes
Business interruption (BI) is the third most significant risk in Asia Pacific and a top three risk in China, India, Japan, Malaysia, Philippines, Singapore, and South Korea. The closely linked risk of changes in legislation and regulation – which includes trade tariffs – ranks #4 (25%), unchanged year-on-year driven by concerns over growing protectionism. Commerce is increasingly taking place between geopolitically aligned economies, resulting in new paths in global trade and the emergence of next generation trade hubs, including Vietnam, Malaysia, and Thailand in the region.
2025 marked a shift towards protectionist trade policies and tariff wars that brought uncertainty to the world economy. Geopolitical risks are putting supply chains under increasing pressure, but as risks rise, just 3% of Allianz Risk Barometer respondents view their supply chains as “very resilient”. In the past year alone, trade restrictions have tripled to affect an estimated US$2.7trn of merchandise – nearly 20% of global imports according to Allianz Trade – fueling companies exploring trends such as friendshoring and regionalization. These developments lead to a high-risk perception – 29% of respondents rank BI as a top peril, placing it at #3 globally, although it drops a position year-on-year.
Natural catastrophes ranks #5 (22%) in Asia Pacific, and is a top three risk in Japan, Malaysia, Philippines, and Thailand. The region experienced several natural catastrophes in 2025, including the Myanmar Earthquake, Typhoons Matmo, Ragasa, and Bualoi, Cyclone Alfred, wildfires in South Korea, as well as floods in Malaysia and Thailand. A delayed onset of the tropical cyclone season resulted in flooding and landslides, exerting a high human and economic toll in Asia where the insurance gap remains high at over 80%. According to research, there has been a significant increase in the intensity of tropical cyclones in recent decades, and these trends are linked to rising ocean temperatures and climate change, which retains its #6 ranking (19%) in the survey.
Resources:
Hashtag: #Allianz #AllianzCommercial #AllianzRiskBarometer #ARB2026
https://commercial.allianz.com/
The issuer is solely responsible for the content of this announcement.
About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees,
financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and
alternative risk transfer solutions, outstanding
risk consulting and
Multinational services as well as seamless
claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2024, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally.
https://commercial.allianz.com/
Media OutReach
Etiqa Insurance Singapore Returns to NATAS Travel Fair 2026
New Takaful travel product launched in same month to celebrate life’s journeys
SINGAPORE – Media OutReach Newswire – 18 March 2026 – Etiqa Insurance Singapore, a leading general and life insurer, returns to the National Association of Travel Agents Singapore (NATAS) Travel Fair 2026 as the Official Travel Insurer for the fifth consecutive year. Themed “Be A NATAS World Traveller”, Singapore’s largest premier travel fair will be held at the Singapore Expo Hall from 27 to 29 March 2026, offering exciting promotions for travellers.
Customers can enjoy special promotions exclusively available at the NATAS Fair. With up to 45 per cent off Etiqa Travel Infinite and a special $100 shopping voucher given to every 200th customer, Etiqa continues to make travel insurance more rewarding to all valued customers.
In addition, every customer will receive a complimentary gift with every purchase. From must-have travel essentials such as a versatile sports duffel bag, to a portable cooling fan to keep you cool on holiday, every traveller can enhance their journey with added convenience.
Celebrating Life’s Journeys with the Launch of Travel Takaful
In the same celebratory month, Etiqa is simultaneously extending its “With You” brand promise to the wider community. Beyond the excitement at NATAS Travel Fair, Etiqa is proud to announce the launch of Travel Takaful, a Shariah-compliant travel protection plan designed to support world travellers across different life stages — whether travelling for leisure, family commitments, or Umrah journeys.
“At Etiqa Insurance Singapore, we are committed to being With You, at every stage of life and on every journey. Our continued partnership with NATAS reflects our commitment to helping travellers explore the world with confidence, while the launch of Travel Takaful extends inclusive, Shariah-compliant protection to customers seeking values-based coverage. Whether travelling for leisure, business, or faith-based journeys, we want Singaporeans to travel with complete peace of mind,” said Claudia Soh, Acting CEO and CFO of Etiqa Insurance Singapore.
Guided by Takaful principles of shared responsibility and mutual care, Travel Takaful provides comprehensive coverage for overseas medical needs and unexpected travel disruptions:
- Comprehensive Medical Support: Coverage for overseas medical expenses ranging from S$200,000 to S$2.5 million, supported by Etiqa’s 24-hour worldwide emergency assistance.
- Trip Cancellation Coverage: Trip cancellation coverage of up to S$20,000 to mitigate unexpected changes in travel plans.
- Tailored for All Stages: Optional add-ons for pre-existing medical conditions and senior protection, offering flexibility for multi-generational travel.
By expanding its portfolio with this new offering, Etiqa reinforces its commitment to serving Singapore’s diverse community with inclusive and meaningful protection solutions, that aligns with values-driven financial planning.
Enjoy journeys with Etiqa Insurance Singapore this March:
- Visit the NATAS Fair (Booth 4H49 at Singapore Expo Hall 4 and 5): For exclusive Travel Infinite discounts, complimentary travel gifts, and the chance to win special shopping vouchers.
- Explore the full suite of travel insurance products online: To learn more about the newly launched Travel Takaful and secure Shariah-compliant protection for your next journey, visit us at etiqa.com.sg.
*Terms and Conditions
This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K), a member of Maybank Group. This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. Protected up to specified limits by SDIC.
Hashtag: #EtiqaSingapore #EtiqaSG
The issuer is solely responsible for the content of this announcement.
About Etiqa Insurance Pte. Ltd (Etiqa Insurance Singapore)
Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.
Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 13 countries and a heritage that spans over 190 years.
Media OutReach
SIM Global Education Showcases Why University Degrees Continue to Matter in a Skills-Driven Job Market
Each year, many students in Singapore explore various higher education pathways after receiving their O‑Level, A‑Level, or Polytechnic results. These options include enrolling in Autonomous Universities, studying at overseas institutions, or pursuing undergraduate programmes offered locally through private education institutions in partnership with international universities. When weighing up these choices, the key consideration is not just the origin of the degree, but whether the programme provides strong academic foundations alongside meaningful opportunities to develop relevant, industry-ready skills.
A university degree continues to signal foundational knowledge and the ability to complete a rigorous course of study. In Singapore, graduate outcomes from Autonomous Universities are tracked through the Joint Autonomous Universities Graduate Employment Survey (GES). According to the 2025 GES, 83.4 percent of graduates secured employment within six months of completing their final examinations, demonstrating the continued relevance of university education in supporting employment outcomes.
Graduate outcomes across the broader higher education sector are also monitored through the Private Education Institution (PEI) Graduate Employment Survey, conducted by SkillsFuture Singapore. The survey reported that 74.8 percent of PEI graduates in the labour force secured employment within six months of graduation, highlighting the employment opportunities available through diverse education pathways.
At the same time, hiring practices are evolving across industries. Employers increasingly value graduates who can apply knowledge in practical contexts. Internships, industry exposure and project-based learning therefore play an important role in complementing academic credentials and strengthening graduate readiness.
Singapore’s higher education ecosystem provides multiple pathways for students to pursue globally recognised degrees. Private education institutions operate under the Private Education Act and are regulated by SkillsFuture Singapore, including quality assurance frameworks such as the EduTrust Certification Scheme, which helps ensure standards across the sector.
Within this ecosystem, SIM Global Education works with reputable university partners from Australia, Canada, Europe, United Kingdom, and the United States, enabling students to pursue internationally recognised degree programmes while studying in Singapore. These programmes combine academic learning with opportunities for industry exposure and career preparation.
As higher education pathways continue to diversify, learners will benefit from focusing on how effectively a programme enables them to build strong academic foundation, while gaining relevant skills and practical experience. In an evolving workforce, the combination of recognised university degree and applied learning remains a key factor in preparing graduates for long-term career success.
References:
- Fewer fresh S’pore uni graduates in 2025 found full-time work, but pay held steady: Survey – https://www.straitstimes.com/singapore/parenting-education/fewer-fresh-uni-graduates-in-2025-found-full-time-work-but-pay-held-steady-survey?
- Private Education Institution Graduate Employment Survey 2023/2024 – https://www.ssg.gov.sg/resources/pei/pei-ges/private-education-institution-graduate-employment-survey-2023-2024/
- https://www.ssg.gov.sg/edutrust.html
- SIM Global Education – https://www.sim.edu.sg
- Post Secondary – https://www.moe.gov.sg/post-secondary
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit www.sim.edu.sg
Media OutReach
Macau’s No.1 Water Attraction Reopens This April for a Fun-Packed Experiential Start to Summer at Galaxy Macau Grand Resort Deck
The award-winning luxury resort is set to bring the ultimate expression of summer to Macau, delighting guests with world-class attractions and thrilling experiences.
MACAU SAR – Media OutReach Newswire – 17 March 2026 – Galaxy Macau, the world-class luxury resort, is proud announces the reopening of the iconic Grand Resort Deck on April 3, unveiling a new Skytop Adventure Rapids experience, to usher in an invigorating Easter season. Exclusively open to hotel guests of Galaxy Macau’s nine award‑winning hotels, the Grand Resort Deck will set the stage for endless summer fun from April onwards, positioning the one-stop paradise as Macau’s ultimate must-visit destination for summer.
Accelerated Skytop Adventure Rapids | The First Wave of Summer Thrills
This year, guests can look forward to enhanced thrills with accelerated Skytop Adventure Rapids for the summer, reinforcing Galaxy Macau’s undisputed title as the one‑stop sun-drenched paradise for guests of all ages.
The Grand Resort Deck stands unrivalled as Macau’s No. 1 water attraction – accredited by Travel + Leisure Southeast Asia as “Macau’s Best Hotel Pool 2025” spanning 75,000 square metres. Guests can immerse themselves in the world’s largest Skytop Wave Pool, covering 8,000 square metres, generating surfable waves up to 1.5 metres high, alongside 150 metres of pristine white‑sand beaches. Families can enjoy a range of child‑friendly aquatic experiences, from gentle zones to imaginative water play areas designed for safe and edutainment-led exploration.

A fun location catering to all age groups, the Grand Resort Deck excites adrenaline seekers with its three enclosed water slides – swirling into a hilly landscape with skylights – adding to the excitement thanks to the newly accelerated Skytop Adventure Rapids experience this summer, transforming the waterways into a thrilling aquatic ride. New for this year’s endless summer, Galaxy Fitness Hour invites guests to warm up together with interactive fitness games and energising weight training. Guests can feel the beat with high‑intensity workouts to build core strength, or dive into the fun of Aqua Zumba at the Skytop Wave Pool – a high‑energy, music‑driven aqua workout where every movement sparkles with fun-filled summer spirit. Admission is free for all in‑house hotel guests, with no reservation required.
To further uplift the electric vibes, world-class DJs will spin the decks every weekend as dusk approaches. Adjacent to Galaxy Macau’s Surf Bar, where guests can order their drinks and snacks to beat the summer heat.
Complimentary Access for Hotel Guests | Book a Galaxy Macau energetic summer stay
Guests seeking an elevated Easter escape can indulge in the Stay & Bloom Spring Offers, presenting exceptional value across two distinct styles of luxury at Andaz Macau and Broadway Hotel. Starting from MOP489++, guests will enjoy an array of curated privileges – including dining credits, complimentary minibar and more. At Andaz Macau, bold contemporary design meets vibrant Macau, creating an immersive stay that is both stylish and soulful. Meanwhile, Broadway Hotel offers cosy, comfortable accommodations ideal for families and travellers seeking a relaxed, carefree holiday stays.

All packages include complimentary access to the iconic Grand Resort Deck, ensuring every stay is enhanced by world‑class water leisure. For guests interested in exploring other award‑winning accommodation options within Galaxy Macau – six of the nine hotels have celebrated coveted Forbes 5-star ratings – further details await on galaxymacau.com.
Ideal for Local & Short Stay Guests | Exclusive Poolside Cabana Packages
For the ultimate bespoke private summer retreat, the airy and fully air‑conditioned Cabanas at Galaxy Macau offer an unparalleled escape. From just MOP2,400+, guests can enjoy the ultimate day of indulgence in their own exclusive cabana complete with MOP1,000 dining credits to indulge in a feast of dining options, delivered with Galaxy Macau’s signature world-class Asian heart service. Each Cabana features full dining‑room comforts, separate private shower and powder room facilities for all-day comfort. Also available as an al fresco alternative, is the poolside cabana package by JW Marriott Hotel Macau. From MOP1,688++ for two adults and two children, guests will be pampered with the comfort of their own covered outdoor cabana at the luxury hotel, in addition to dining credits for refreshments at Pool Bar at JW Marriott and the use of the hotel’s steam and sauna facilities to extend the pampering.

Even more enticing, complimentary access to the Grand Resort Deck is also extended to guests to enjoy with either package, presenting the most stylish and secluded way to savour your ultimate summer experience at Galaxy Macau.
Family Fun to the Max | The excitement extends indoors at Galaxy Kidz
Beyond the exhilarating Grand Resort Deck, all hotel guests of Galaxy Macau can enjoy complimentary access to Galaxy Kidz Edutainment Center, the resort’s dedicated fun and learning zone designed especially for young adventurers.

From March 13 to April 5, our little guests can take part in the joyful “Hatching Wavey” welcome activity. Children can collect themed stickers across four Galaxy Macau hotels and also the Edutainment Center, before redeeming a special gift upon completing a designated mission at either the Edutainment Center or JW Kids’ Club. In addition, every Friday to Sunday, Galaxy Macau’s lovable cuddly mascot, Wavey the Peacock, will also make delightful appearances at designated hotel lobbies, as well as parades throughout the resort, offering guests of all ages the chance to capture magical forever moments.
As Galaxy Kidz celebrates its second anniversary in April, families are invited to join the fun with birthday party and limited‑time capsule toys celebrations at the Edutainment Center. On April 19, Wavey the Peacock will host two birthday celebrations for young guests, while from April 3 to 19, guests will earn a token to allow them to draw free gifts from the capsule toy vending machine upon spending a minimum of MOP150 on Galaxy Kidz merchandise.
The Grand Resort Deck reopens on April 3, ready to welcome guests into a thrilling world of sunshine, splashes and unforgettable holiday magic. At Galaxy Macau, summer is an experience to be savoured – where every detail has been curated and the best is always still to come. Make waves in style at Macau’s ultimate summer paradise—begin your story with us and book your stay now.
For more information, please visit www.galaxymacau.com.
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
About Galaxy Macau Integrated Resort
Galaxy Macau, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau and Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theatres are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.
Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
For more details, please visit
www.galaxymacau.com,
www.broadwaymacau.com.mo and
www.galaxyicc.com.
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