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…
Well worth a read. The Chair of the SEC highlights the spring regulatory agenda. A regulatory agenda that includes 2 cybersecurity regulations, that are at the final stage. 1. Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business…
AI is the least of the new governments technology worries. The UK is so far behind the curve on cybersecurity risk management, upon which AI is dependent what it is going to do? AI is a ‘Game-Changer’, for good and…
You don’t need a crystal ball to predict the future of cyber attacks on the UK. What you do need is a cybersecurity risk management strategy and the necessary skilled and experienced resources to implement one. The UK Public sector,…
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…
U.S water trade associations reaffirm their responsibility to manage cybersecurity threats, and the need for consistent reporting of cyber incidents. They seek clarification on and harmonisation of terminology that defines a water utility and the scope of coverage of water…
Always positive to hear of the efforts law enforcement in reducing the threat posed by cybersecurity. Society faces very difficult choices with managing cybersecurity. Traditional approaches to managing cyber risks do not work, one suspects that in this case the…
What constitutes materiality is a hot topic, with the recent SEC final cyber rule requiring covered companies report material cyber risks and incidents. The enclosed article by Shivaram Rajgopal, Kester and Byrnes Professor at Columbia Business School discusses the reporting…
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…
Thank you for sharing Bryan Foss, Evolve bank is going through a tough time this month. The Federal Reserve issued an enforcement action against Evolve Bancorp Inc. and Evolve Bank & Trust for deficiencies in the bank’s anti-money laundering, risk…
