The cyber insurance market is without any doubt growing, growing fast and will continue to write premiums as cyber risk grows.

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The cyber insurance market is without any doubt growing, growing fast and will continue to write premiums as cyber risk grows.

Creating challenges for the cyber insurance and reinsurance markets, in raising capital to cover claims. But is the ILS market the solution, or only solution?

€œCapital markets solutions for cyber (re)insurers present the potential for counterparty diversification and an opportunity to lessen €œtail risk€ for a rapidly growing product line of property/casualty insurance. – Fitch

Cyber is becoming an expected loss, with a systemic risk tail. The question is, if insurers aim to write over $25billion in GWP, will capital markets see enough benefit in underwriting the insurers against such an unstable risk?

Ted Dziekanowski Gerry Kennedy

#cybersecurity #cyberriskmanagement #cyberinsurance

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