Commercial Risk | Slipcase – (re)insurance industry news

The Commercial Risk platform provides essential information to corporate risk and insurance managers, as well as their risk transfer partners via our specialist titles Commercial Risk Europe, Commercial Risk Africa, Commercial Risk Asia and International Programme News.

Beware ransomware: the threat continues

Risk managers should not relax their guard against ransomware attacks, according to an IT expert who has warned the threat still exists...

Commercial Risk / Article / 14 days ago
www.commercialriskonline.com
Cyber

Belgium’s Asco confirms ‘large-scale’ ransomware attack

Belgian aviation manufacturer Asco has confirmed a “large-scale” ransomware attack that has taken down all business activities and its communications.

Commercial Risk / Article / 6 months ago
www.commercialriskonline.com
Cyber

Buyer associations vent frustration over ‘unacceptable’ cyber disputes

European insurance buyer associations are frustrated that several insurers have denied cyber claims for the 2017 NotPetya cyberattack, telling CRE that such...

Commercial Risk / Article / 9 months ago
www.commercialriskonline.com
Cyber

NotPetya did not trigger cyber war exclusions, concludes Marsh

The NotPetya cyberattack did not meet criteria for ‘warlike’ activity and therefore should not have triggered the war exclusion in cyber polices, Marsh concluded this week...

Commercial Risk / Article / 1 year ago
www.commercialriskonline.com
Cyber

UK board level engagement on cyber lags awareness

Cyber risk awareness is rising in the UK but concern has yet to translate into board engagement or companies taking out more insurance, according to a recent report by the UK Government...

Commercial Risk / Article / 1 year ago
www.commercialriskonline.com
Cyber

Fast-changing risks force buyers and market to rethink BI cover

A growing dependence on technology and efficient supply chains is forcing a rethink of business interruption (BI) insurance, but a one-stop solution for large buyers remains some way off...

Commercial Risk / Article / 2 years ago
www.commercialriskonline.com
Cyber

Losses and GDPR drive demand for cyber cover in France

Demand for cyber insurance is growing in France, boosted by large cyberattacks and changing regulation. But French corporate insurance buyers continue to have concerns around ‘silent cyber’...