UnitedHealth Group claims a recent ransomware attack on subsidiary Change Healthcare led to vast amounts ...
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
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
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
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
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
Property Cat Reinsurance Rates to Rise Double-Digit at Renewals
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Article / 2 years ago
Rising Insurance Costs Add to US Public Finance Cyber Pressures
Without the ability to adequately transfer risk, public entities could face greater financial and reputational risks from cyberattacks, which could have negative credit implications...
Without the ability to adequately transfer risk, public entities could face greater financial and reputational risks from cyberattacks, which could have negative credit implications...
Article / 2 years ago
Cyber Insurers See Manageable Growing Risk Exposure, Rising Claims
Cyber insurance has been profitable for US property/casualty (P/C) insurers for several years, but recent...
Cyber insurance has been profitable for US property/casualty (P/C) insurers for several years, but recent...
Article / 3 years ago
Brazil Cyber Insurance Premiums Rise Amid Challenging Pricing Risk
Brazil Property/Casualty (P/C) insurers that underwrite cyber coverage are seeing a rapid increase in...
Brazil Property/Casualty (P/C) insurers that underwrite cyber coverage are seeing a rapid increase in...
Article / 3 years ago
Cyber Insurance Losses Spark Rate Increases
U.S. property/casualty insurers active in providing cyber insurance coverage are taking significant pricing and...
U.S. property/casualty insurers active in providing cyber insurance coverage are taking significant pricing and...
Article / 3 years ago