A dedicated page for content relevant to (re)insurance professionals with an interest in Cyber
Ransomware attacks are becoming more targeted, sophisticated and vindictive, pushing up claims ratios and forcing insurers to respond. Some may even be considering exiting the market...
The cyber threat is global, yet pooling mechanisms for systemic risks are typically national and so can form only part of the answer, experts told a terrorism insurance conference...
The reinsurer's chief underwriter, Stefan Golling, also said the pandemic had highlighted the need for clear policy wording...
The reinsurer estimates that global cyber premiums will grow to $5.5 billion in 2020, and that the shift online caused by the pandemic will raise awareness of the need for cyber cover...
More businesses and other institutions could realize that they are now more vulnerable to losses from hacks and turn to cyber liability coverage...
The cyber liability insurance market saw 13.5% year-over-year growth in 2019, but it may be underperforming its potential to expand because of complexities...
Cyber liability coverage for ransomware attacks will need to pull back as losses rise at an alarming rate, Axa XL's chief underwriting officer for cyber and...
There is little consensus on what constitutes modern-day war, particularly in cyberspace, and insurers are trying to strike the difficult balance between providing sufficient cover and avoiding financial ruin...
A fast-growing insurance sector with immature actuarial experience finds itself in the fray of a cyber extortion threat escalating in the number of attacks and the size of monetary demands...
Aon Securities CEO Paul Schultz said the evolution of cyber ILS will mirror that of property catastrophe bonds...
