Cyber incidents have become an inevitable cost of doing business in the digital economy, but they don’t h...
Recent ILS Cyber Bond Issuance Encouraging for (Re)Insurers
Two recent public announcements of cyber risk transference by (re)insurers to the capital markets through insurance-linked securities (ILS) issuances represent the potential for a broader...
Two recent public announcements of cyber risk transference by (re)insurers to the capital markets through insurance-linked securities (ILS) issuances represent the potential for a broader...
PR / 7 days ago
New EU Cyber Rules Directionally Positive, Neutral to Credit Ratings
Key European Union (EU) legislation NIS2, the Resilience of Critical Entities (CER) and the Digital Operational Resilience Act (DORA), recently came into force...
Key European Union (EU) legislation NIS2, the Resilience of Critical Entities (CER) and the Digital Operational Resilience Act (DORA), recently came into force...
PR / 7 days ago
Cyber Insurance Premium Hikes to Support Returns Amid Rising Claims
Market expansion for cyber insurance, a rapidly growing product line of the global property casualty (P/C) insurance industry...
Market expansion for cyber insurance, a rapidly growing product line of the global property casualty (P/C) insurance industry...
Article / 5 months ago
Costa Rica Cyber Ransomware Highlights Sovereign Cyber-Risk
The current cyber-attack on Costa Rica (‘B’/Stable) highlights risks to sovereigns that could increase as such attacks become more common, Fitch Ratings says...
The current cyber-attack on Costa Rica (‘B’/Stable) highlights risks to sovereigns that could increase as such attacks become more common, Fitch Ratings says...
Article / 9 months ago
US Cyber Insurance Payouts Increase Amid Rising Claims, Premium Hikes
Cyber insurance has become the fastest growing segment for U.S. property/casualty (P/C) insurers as evolving threats have boosted demand for coverage...
Cyber insurance has become the fastest growing segment for U.S. property/casualty (P/C) insurers as evolving threats have boosted demand for coverage...
Article / 9 months ago
Ransomware a Growing Cyber Risk for US Corporates, Financials, Govt
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
The frequency, severity and sophistication of ransomware attacks in the U.S. rose dramatically in 2021...
Article / 10 months ago
US Cyber Insurance Sees Rapid Premium Growth, Declining Loss Ratios
Cyber insurance is the fastest growing product segment in the U.S. property/casualty (P/C) insurance market...
Cyber insurance is the fastest growing product segment in the U.S. property/casualty (P/C) insurance market...
Article / 10 months ago
Fitch Ratings’ Mazzuoli doesn’t rule out Russia-Ukraine conflict as capital event - InsurerTV
The deeper repercussions on financial markets and inflation from the Russia-Ukraine conflict could potentially shift the outcome...
The deeper repercussions on financial markets and inflation from the Russia-Ukraine conflict could potentially shift the outcome...
Article / 10 months ago
Market Volatility Is Ukraine War’s Main Risk for European Insurers
The Russia-Ukraine war is more likely to affect the European insurance sector through second-order financial market volatility...
The Russia-Ukraine war is more likely to affect the European insurance sector through second-order financial market volatility...
Article / 11 months ago
Russian Cyberattacks May Test Insurer War Exclusion Policy Language
The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally...
The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally...
Article / 11 months ago