It’s going up, it’s going down and it’s stable? The cyber insurance market is not quite sure where its going. The AM Best industry rating agency has said there are enough positive factors to give the cyber insurance market a…
AONs 2024 mid year review of Global Reinsurance Market Dynamics discusses a stable half year with enough capacity, capital and risk adjusted rate reductions for property coverage. There’s allot to unpick in the report, across all the re-insurers evaluated by…
There are few choices on the table for boards to manage cyber risk. Boards have to considered cyber as an investment and not a cost. Until that situation changes, history shows there will be little change. Boards face several challenges,…
There is only one direction for cybersecurity risk management. For Cybersecurity risk to be economically managed it has to be treated ‘Left of Bang’. Cyber has to be treated as an investment, not ‘Right of Bang’ with cyber treated an…
I am, to coin an English term Royally confused. We want to see growth in cyber insurance GWP; cyber risk is an emerging risk that requires the insurer to have underwriting flexibility; Insurers are becoming more selective in the clients…
Well worth watching the Sub Committee hearing on Homeland Security discussing the effects of cybersecurity on Critical Infrastructure Resilience. Presentations by members of the insurance industry makes for interesting listening from 23 minutes. Cybersecurity continues to be a significant risk…
One wonders the effect on insurers as geoplotical tensions rise and cyber is used as a weapon, targeting CNI and the consequential losses caused. An article in the Telegraph yesterday (Paywall) () alluded to the need for a robust response…
It’s a general question, without a good answer. Cyber insurance is in a difficult place for both the insurer and insured, the challenge for both the insurer and insured is the world is changing so quickly and in some many…
One wonders the governance processes the NHS trusts followed in London if they were aware of the challenges of third party supplier security? Especially given that it was known that ‘Guy’s and St Thomas’ NHS Foundation Trust, which runs five…
Thank you for high lighting this Olaf Classen, and Jens Ferner for posting. This German court conclude insurance is a contract between parties and the information provided by the insured to the insurer, forms the basis for the conclusion of…
