A new global survey of 1,309 IT and security professionals found that 79 percent of organizations suffere...
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 / 2 years 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 / 2 years 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 / 2 years 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 / 2 years 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 / 2 years 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 / 2 years 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 / 2 years 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 / 2 years ago
Mitigation Efforts Won't Stop Cyber Damage and Related Rate Hikes in 2022 - Carrier Management
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022...
Article / 2 years ago
Global Bank Cyber Risk Coordination a Positive for Risk Mitigation
The growing coordination of global banking regulators to address cyber risk, specifically large systemic attacks, is a credit positive...
The growing coordination of global banking regulators to address cyber risk, specifically large systemic attacks, is a credit positive...
Article / 2 years ago