AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG began 2024 with very strong momentum in d...
Insurers seek to keep pace with explosive use of AI
The meteoric rise of artificial intelligence across numerous industries has led insurers, brokers, lawyers and others to pause and consider what new risks and exposures the developing uses of the technology may create.
The meteoric rise of artificial intelligence across numerous industries has led insurers, brokers, lawyers and others to pause and consider what new risks and exposures the developing uses of the technology may create.
Article / 5 days ago
Munich Re reduces size of cyber book following launch of “precise” war exclusions
Munich Re saw its cyber reinsurance premium volume contract to $2bn in 2023 following a sustained period of double-digit growth....
Munich Re saw its cyber reinsurance premium volume contract to $2bn in 2023 following a sustained period of double-digit growth....
Article / 2 months ago
Q4 earnings analysis: Caution prevails in US liability insurance
The drivers are not surprising, but the extent of development is, execs said....
The drivers are not surprising, but the extent of development is, execs said....
Article / 3 months ago
Insider in Full: Analysis: Cyber growth surges past all other lines in company market
An acceleration of premium in the cyber class of business vastly outpaced all other lines in the London company market last year, according to this publication's analysis of premium growth trends across the company market and Lloyd's...
An acceleration of premium in the cyber class of business vastly outpaced all other lines in the London company market last year, according to this publication's analysis of premium growth trends across the company market and Lloyd's...
Article / 7 months ago
BMA’s cyber underwriting report reveals a changing landscape - The Royal Gazette
The cyber threat landscape has become more sophisticated, frequent and widespread, a new report by Bermuda’s financial sector watchdog has revealed
The cyber threat landscape has become more sophisticated, frequent and widespread, a new report by Bermuda’s financial sector watchdog has revealed
royalgazette.com /
Article / 10 months ago
Lloyd's Tiernan heralds ‘strong' growth for 2024 but warns on elevated risk environment
Lloyd's chief of markets Patrick Tiernan has claimed 2024 will be “another year of strong growth” for the Lloyd's market, but warned of an extremely...
Lloyd's chief of markets Patrick Tiernan has claimed 2024 will be “another year of strong growth” for the Lloyd's market, but warned of an extremely...
Article / 11 months ago
How the cyber liability loss ratio fared in 2022 - Canadian Underwriter
Canadian cyber liability insurance seems to have turned a corner on its loss ratios, even accounting for reserve releases, says an industry financial observer....
Canadian cyber liability insurance seems to have turned a corner on its loss ratios, even accounting for reserve releases, says an industry financial observer....
canadianunderwriter.ca /
Article / 1 year ago
Lloyd's lasers in on D&O, cyber and binders as it looks to defend performance
Lloyd's has singled out the D&O, cyber and property binders lines of business as “areas of stress” that must be dealt with if the market is to maintain its healthy attritional...
Lloyd's has singled out the D&O, cyber and property binders lines of business as “areas of stress” that must be dealt with if the market is to maintain its healthy attritional...
Article / 1 year ago
Beazley’s financials give rare insight on cyber market profitability
This half-year reporting season, Beazley made a first by breaking out the financials of its cyber risks division...
This half-year reporting season, Beazley made a first by breaking out the financials of its cyber risks division...
Article / 2 years ago
Cyber insurance premium pool to rise 25% a year: S&P - insuranceNEWS.com.au
The global cyber cover premium pool is set to increase 25% a year, reaching $US22.5 billion ($32.49 billion) by 2025, though profitability in the insurance line will continue to be a challenge
The global cyber cover premium pool is set to increase 25% a year, reaching $US22.5 billion ($32.49 billion) by 2025, though profitability in the insurance line will continue to be a challenge
insurancenews.com.au /
Article / 2 years ago