'A catastrophe market is essential to the future of cyber insurance'
Comparing the cyber insurance market with property, where there are two distinct markets that allow different capital providers with different risk appetites to participate, Graeme Newman says: 'The cyber market needs to get to that point and it needs to get there fast'
Loss ratios may have stabilised, but managing the volatility of cyber risk remains a major challenge for carriers, CFC Underwriting chief executive, Graeme Newman, argues