Cut jobs necessary to meet changing business needs, spokesperson says...
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
What Is the Key to Underwriting in an Everchanging Cyber Risk Landscape? Change With It
There is plenty of talk about the everchanging cyber risk environment, but what about the insurance industry that underwrites these risks?...
There is plenty of talk about the everchanging cyber risk environment, but what about the insurance industry that underwrites these risks?...
Article / 2 years 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
Axa France to no longer reimburse ransomware payments - Business Insurance
Axa France, Axa XL’s French general insurance unit, will no longer reimburse ransomware payments when underwriting new policies, a company spokeswoman said...
Axa France, Axa XL’s French general insurance unit, will no longer reimburse ransomware payments when underwriting new policies, a company spokeswoman said...
businessinsurance.com /
Article / 3 years ago
Insider in Full - Opinion: The question of cyber cat risk
There has been a lot of attention on the cyber market lately as it embarks on a market-wide effort to completely re-underwrite one of its core exposures...
There has been a lot of attention on the cyber market lately as it embarks on a market-wide effort to completely re-underwrite one of its core exposures...
Article / 3 years ago
Why it’s time to look beyond cyber’s “flavour of the day” - Insurance Business
You can't just look to the future, you have to look in the rear-view mirror too...
You can't just look to the future, you have to look in the rear-view mirror too...
Article / 3 years ago
Kidnap and ransom coverage: What you should tell your clients - Canadian Underwriter
Clients can buy insurance that would cover the financial risk of a kidnapping or...
Clients can buy insurance that would cover the financial risk of a kidnapping or...
canadianunderwriter.ca /
Article / 3 years ago
Ransomware: responding to and preparing for current and emerging trends
Over the last six to 12 months, ransomware groups have continuously adapted their approach to maximise their...
Over the last six to 12 months, ransomware groups have continuously adapted their approach to maximise their...
Article / 3 years ago