Kidnap & Ransom
Kidnap & Ransom
News, insights and thought leadership for re/insurance professionals with an interest in kidnap & ransom.

Cyber liability 2022 year in review and look ahead to 2023

The cyber market finally began to stabilize in the third and fourth quarters of the year, largely thanks to renewed competition between markets, a decrease in median ransomware payments during...
The cyber market finally began to stabilize in the third and fourth quarters of the year, largely thanks to renewed competition between markets, a decrease in median ransomware payments during...
Article / 1 year ago

Video: Guy Carpenter’s Erica Davis Talks About Building an Effective Cyber Strategy

The Global Risks Report 2022 has been published by the World Economic Forum in collaboration with Marsh McLennan. Guy Carpenter’s Erica Davis, Managing Director and Global...
The Global Risks Report 2022 has been published by the World Economic Forum in collaboration with Marsh McLennan. Guy Carpenter’s Erica Davis, Managing Director and Global...
Article / 2 years ago

Insurers run from ransomware cover as losses mount - Reuters

Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts...
Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts...
reuters.com / Article / 2 years ago

AIG has ‘cauterized’ ransomware losses with sub-limits and co-insurance: McElroy

AIG has “cauterized” ransomware losses by using sub-limits and co-insurance to manage its exposure to the type of cyber claim, according to senior executive David McElroy...
AIG has “cauterized” ransomware losses by using sub-limits and co-insurance to manage its exposure to the type of cyber claim, according to senior executive David McElroy...
Article / 3 years ago

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