Does cyber regulation go some way to providing the cyber re-insurance industry with answers to its capital problem? Regulation could address the 6 points on the page Gallagher Re paper ‘The vital role of capital in cyber (re) insurance’. Providing…
A very interesting and useful perspective of the cyber insurance market from Guy Carpenter. Examining the opportunities and threats for the cyber insurance industry, as a global product line. The modelling used in the report relies upon loss data and…
Thanks for posting Ted Dziekanowski. Cyber insurance is an important market without doubt. But one suspects that as cyber attack frequency, complexity and severity continue to grow, and cyber regulation takes effect, the role of cyber insurance as a sole…
Cyber attacks can be a fluid, bespoke and real-time threat for organizations, it is just one characteristic that differentiates cyber-attacks from traditional corporate threats such as fire, flood or the physical theft of information from a printer. Hackers collaborating on…
The cyber insurance market has the potential for growth, but is it growth the insurance industry is yet set to manage? If the figures in the enclosed report are near true, then GWP will increase from USD 5.8 billion is…
A sign of the times, as more organizations seem to be challenging the decisions of insurance firms in court. The Mactavish report is worth downloading when you put your cyber insurance hat on. With the report concluding that there is…
I would welcome any thoughts on ‘cyber insurance shifts to a buyer friendly market’. Cyber is no longer a FUD debate, that pushed organizations to take on cyber insurance as a main risk transfer tool. It is a very real…
An interesting discussion at the G7, to push Australia, the United States, India and Japan â¬Åto break the business model of ransomware criminal groups⬠Ransomware is without any doubt a significant issue for Quad four countries (and others), and the…
A further example of the challenges that the cyber insurance face, thank you for posting Stephen Pitt-Walker, JD, FGIA. We have reported many times of the challenges that cyber insurers face with economically underwriting cyber insurance. Now the federation of…
Based upon Marsh’s data, more companies are purchasing cyber insurance (36% of U.S clients in 2022, vs. 33% in 2020). There is a rise in the number of captives, Marsh managed captives writing cyber insurance increased by 75% between 2020…
