Cyber
Cyber remains a major opportunity for global specialty re/insurers with premiums rocketing in recent years. Awareness of the risks posed by cyber is also rising, with companies taking action to ensure ‘silent’ cyber is not present within business written across several other classes of business. While several re/insurers are actively growing their position in the cyber market, this class has yet to be tested by a major catastrophic loss event. Understanding the risk potential of cyber exposures is vital as the market continues to grow.
Sompo International names Gossé European head of cyber insurance
Gossé joins from Chubb European Group where he was head of cyber for Europe and the Mena region
Ransomware drives increase in US cyber claims: Coalition
Frequency and severity of claims increased in the first half of the year
Trium Cyber opens London office
US-based Lloyd’s cyber specialist hires Aspen’s Watson to drive international expansion
Lloyd’s explores state-backed cyber risk products
The corporation is working with managing agents and reinsurers to find solutions, chief of markets, Patrick Tiernan, says
QBE launches Middle East cyber offering
Australian insurance giant appoints Hamlat from Marsh to develop the business
Insurers 'developing more consistent view of systemic cyber risk'
Consistent approach to systemic events needed to help insurers develop their own niches and areas of expertise, CyberCube says
Axa XL names Dagostino global commercial cyber CUO
Carrier hires cyber market veteran
Cyber reinsurance buyers consider event covers
As insurers becoming more comfortable with cyber risk they are increasingly thinking about retaining more of their book, Guy Carpenter’s co-head of cyber says
Cyber industry steering group launched to grow market
Moody's RMS launches initiative with founding members including Munich Re and Gallagher Re
Connect Underwriting launches casualty and cyber MGA
Launch of Stability Risk will allow Connect to focus on core business
Axis Re targets marine and cyber expansion
Reinsurance arm of Axis Capital to increase marine line sizes and plans ‘meaningful’ cyber growth
Perils launches US cyber losses index
Loss aggregator has partnered with CyberAcuView to report on cyber events affecting multiple insurers that exceed a $500m industry loss
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.