As demand for cyber insurance continues to grow, insurers must remain vigilant in managing the changing r...
Cybersecurity M&A bustling again in Q4 after a bleak Q3
Cybersecurity M&A activity took a dive in the third quarter, dropping even more steeply than the broader technology sector....
Cybersecurity M&A activity took a dive in the third quarter, dropping even more steeply than the broader technology sector....
Article / 7 months ago
Insurers revisit cyber coverage as demand, premiums spike
Axa XL's Rachel Rossini said the rise in ransomware attacks has forced the company to re-underwrite its cybersecurity book...
Axa XL's Rachel Rossini said the rise in ransomware attacks has forced the company to re-underwrite its cybersecurity book...
Article / 11 months ago
London cyber insurance prices to level off, but market remains 'really tough'
Rates are flattening after a spike at the end of 2021, but pricing levels continue to make the market difficult for insurance buyers...
Rates are flattening after a spike at the end of 2021, but pricing levels continue to make the market difficult for insurance buyers...
Article / 12 months ago
Cyber underwriters' premiums surge, loss ratios improve in '21
The combined direct written premiums for stand-alone policies for the companies included in this analysis jumped 92.3% to $3.15 billion in 2021 from $1.64 billion in 2020...
The combined direct written premiums for stand-alone policies for the companies included in this analysis jumped 92.3% to $3.15 billion in 2021 from $1.64 billion in 2020...
Article / 1 year ago
The conflict in Ukraine may indirectly trigger more cybersecurity investment
Relevant to the conflict in Ukraine is whether the potential for a cyberattack by Russia against the US would spur US companies to invest more in cybersecurity...
Relevant to the conflict in Ukraine is whether the potential for a cyberattack by Russia against the US would spur US companies to invest more in cybersecurity...
Article / 1 year ago
Insurers bracing for cyber claims from war in Ukraine
The industry is examining the possibility of claims that would bypass insurers' war and critical infrastructure exclusions.
The industry is examining the possibility of claims that would bypass insurers' war and critical infrastructure exclusions.
Article / 1 year ago
Merck case leaves cyber insurers wanting for clarity on war exclusions
The pharmaceutical giant's court battle over coverage of its NotPetya claims has not led to hoped-for guidance on attribution of attacks, according to cyber insurance brokers...
The pharmaceutical giant's court battle over coverage of its NotPetya claims has not led to hoped-for guidance on attribution of attacks, according to cyber insurance brokers...
Article / 1 year ago
Lack of nonfungible token insurance coverage 'inexcusable' as market expands
Nonfungible tokens have grown in popularity in 2021, generating millions in sales, but there is very little insurance for this burgeoning market...
Nonfungible tokens have grown in popularity in 2021, generating millions in sales, but there is very little insurance for this burgeoning market...
Article / 1 year ago
Pipeline operators face huge challenge preventing repeat of Colonial hack
With vulnerabilities expanding, threats multiplying and regulation developing, U.S. pipeline operators will have to rapidly scale up their cyber capabilities...
With vulnerabilities expanding, threats multiplying and regulation developing, U.S. pipeline operators will have to rapidly scale up their cyber capabilities...
Article / 1 year ago
Cyber insurers hike rates, tweak coverage as loss ratio rises again in '20
The cyber insurance sector saw another year of double-digit percentage premium growth and a sharp increase in loss ratio in 2020...
The cyber insurance sector saw another year of double-digit percentage premium growth and a sharp increase in loss ratio in 2020...
Article / 2 years ago
