The broker said Q2 had seen generally improved trading conditions for cyber insurance
The jump was led by Fairfax Financial, according to a market ranking by AM Best
'Insurers should be concerned about the increasing number of cyber attacks against professional firms'
Professional firms are often seen as targets by cyber criminals, as they hold vast amounts of sensitive data, yet many firms have gaps in their defences, which has a serious impact on losses claimed after an attack
Improved attritional loss ratio and increased capacity will flatten rate rises, chief executive says, as Beazley take steps to clearly define and limit systemic risks
The additional funding will allow the insurtech firm to expand its offering
Former chief executives of Allied World and broker Lockton join US-Israeli cyber insurtech
US insurer argues Graff policy does not cover cryptocurrency ransom payments
Many organisations will be looking to third parties to recover their losses following a cyber attack. This is very much the start and many claims are expected to follow
Cyber risk modelling company opens an office in Lugano, Switzerland and announces two senior hires to its cyber team
Although dented by a dramatic fall in the value of Bitcoin, the market for cryptocurrency appears to be here to stay. And the risks associated with storing cryptocurrency represent an opportunity for insurers
Property/casualty rates rise 5.9% in aggregate in the second quarter, while cyber rates soar 21%, according to MarketScout
Managing general agent hires HDI Global's Beimann as cyber product manager as it targets growth opportunities in the region
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