Cyber
Cyber remains a major opportunity for global specialty re/insurers with premiums rocketing in recent years. Awareness of the risks posed by cyber is also rising, with companies taking action to ensure ‘silent’ cyber is not present within business written across several other classes of business. While several re/insurers are actively growing their position in the cyber market, this class has yet to be tested by a major catastrophic loss event. Understanding the risk potential of cyber exposures is vital as the market continues to grow.
Demand for physical cyber cover increasing: Brit
Businesses have a more sophisticated understanding of how the digital world is now meshed with the physical world, carrier’s head of cyber says
Executives worry firms are not ready for emerging risks
Technology and related concerns lead list of biggest worries
CrowdStrike ‘drives surge in demand for system outage cover’
The cyber market is failing to provide adequate coverage for system outage incidents, with many businesses unknowingly underinsured, Parametrix chief executive says
Cyber market ‘too optimistic’ about growth: Swiss Re
Sector's future growth opportunities lie outside traditional markets, reinsurance giant says
Mastering middle market is the key to cyber success
By focusing on robust data management and digital infrastructure, insurers can give middle-market companies the protection they need
Envelop Risk launches underwriting unit
Cyber specialist hires Dale active underwriter Dom Peters to lead the new division
Pioneering risk management in a digital world
Where cashflow can make or break a business, parametric insurance delivers unparalleled speed
Beazley maintains full-year COR guidance despite hurricane losses
London-listed carrier pegs net exposure to hurricanes Helene and Milton at between $125m and $175m
Cyber insurers would not welcome ban on ransomware payments
After a senior US government official said ransomware payments should stop, insurance trade associations say decision should be up to businesses, while many experts argue a prohibition would be unworkable
Howden launches mid-sized cyber offering
The new platform aims to simplify the buying of cyber cover by reducing the number of questions at quote
Hartford adds capacity to Coalition’s UK cyber programme
US insurance giant forms long-term partnership with cyber insurtech
Cyber market too focused on growth: IQUW’s Lewis
As the market softens, underwriters must focus on sustainable pricing and be more selective about growth, carrier’s head of cyber argues
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