All Cyber articles – Page 5
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Ukraine fall-out and new ransomware tactics elevate cyber risks
The maritime sector and satellite infrastructure are sectors most likely to be targeted by cyber criminals
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Cyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Association
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AXA XL expands US cyber team
Rachel Rossini becomes product manager for Cyber and Technology E&O, and Vern Suckerman becomes US head of Complex Accounts
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US MGA market hits $70 billion
Growth in 2021 was well in excess of the robust growth achieved in the P&C market as a whole, finds Conning
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Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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SiriusPoint partners with specialty MGA Alta Signa
Alta Signa Holdings is a European MGA specialising in financial and professional lines insurance
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Allianz partners with cyber MGA Coalition
Carrier will provide capacity for its US cyber insurance programs and lead Coalition’s UK cyber program when it launches
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Industry must empower next generation - Glaser
“We need to amplify our talent’s potential” to meet the challenges of a rapidly evolving risk landscape, says Marsh McLennan CEO
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MGA market balloons to $15 billion
Annual growth of approximately 21.7% has been achieved by using technology to create new and disruptive offers
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Beazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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Systemic fears are stifling cyber market growth
Modelling accumulation risk scenarios will unlock cyber re/insurance potential - Swiss Re
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Ukraine tempers ransomware frequency - Howden
Today’s average cost of cyber cover is more than double what it was last year, however
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CyberCube unpicks the motivations of cyber criminals
State-sponsored actors are among the most significant and concerning to the (re)insurance industry
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AXA XL names new global CUO
Libby Benet succeeds Nancy Bewlay, who recently assumed leadership of AXA XL’s global reinsurance operation
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US D&O market posts best results since 2014
Rate hikes exceeding 10% per quarter fuelled direct premium growth of 35% to $14.6 billion
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Vantage enters US cyber insurance market
Andrew Lea has joined from CNA Insurance to underwrite cyber liability, tech E&O and professional liability risks
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PCS: Ukraine losses to exceed $20 billion
Ultimate losses will likely be much higher with potential for the conflict to surpass 9/11
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AIG looks to pull back from Russia and Ukraine
The insurance giant is understood to be considering adding exclusion clauses to policies for firms operating in the region
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DWIC 2022: Is AI the next ‘silent cyber’?
Re/insurers are blissfully unaware of their growing exposure to AI-related liabilities, warned Simmons & Simmons