The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial in...
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 / 3 years ago
Cyber insurers tighten underwriting, raise prices as ransomware wave hits
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...
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...
Article / 3 years ago
Growth of ransomware threat 'unsustainable' for cyber insurance industry
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...
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...
Article / 4 years ago