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Scor’s cyber presence ‘already matching risk appetite’
Insurance, Reinsurance Lorenzo Spoerry 12/09/2022 Insurance, Reinsurance Lorenzo Spoerry 12/09/2022

Scor’s cyber presence ‘already matching risk appetite’

Scor’s relatively small presence in cyber is due to concerns about accumulation risk.

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Munich Re sees cyber market share falling as market booms
Insurance Lorenzo Spoerry 12/09/2022 Insurance Lorenzo Spoerry 12/09/2022

Munich Re sees cyber market share falling as market booms

Munich Re says it benefited from ‘being an early mover’ in cyber, where it holds a 14% market share.

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Western companies, especially energy, in firing line from Russian cyber attacks, report says
Insurance Richard Silk 12/09/2022 Insurance Richard Silk 12/09/2022

Western companies, especially energy, in firing line from Russian cyber attacks, report says

Russian hackers seeking to undermine West's efforts to wean itself off Russian gas.

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US cyber premiums soared 76% in 2021
Insurance Lorenzo Spoerry 11/09/2022 Insurance Lorenzo Spoerry 11/09/2022

US cyber premiums soared 76% in 2021

Premiums per policy continued to rise, as did loss severity.

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Lull in cyber attacks unlikely to last, experts say
Insurance Richard Silk 11/09/2022 Insurance Richard Silk 11/09/2022

Lull in cyber attacks unlikely to last, experts say

The war between Russia and Ukraine has temporarily switched hackers' focus away from Western targets.

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Contributed content: What re/insurers need to know about destructive wiperware
Insurance Lorenzo Spoerry 09/09/2022 Insurance Lorenzo Spoerry 09/09/2022

Contributed content: What re/insurers need to know about destructive wiperware

Wiperware is being used as a weapon of war in the Russia/Ukraine conflict.

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Cyber carriers to see ‘rebound’ in performance: Fitch
Insurance Lorenzo Spoerry 09/09/2022 Insurance Lorenzo Spoerry 09/09/2022

Cyber carriers to see ‘rebound’ in performance: Fitch

Insurers are committed to rapidly-growing market, rating agency says.

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Cyber ‘a top one or two’ risk for most businesses: CFC’s Burns
Insurance Lorenzo Spoerry 09/09/2022 Insurance Lorenzo Spoerry 09/09/2022

Cyber ‘a top one or two’ risk for most businesses: CFC’s Burns

The threat environment has ‘transformed’ over the last 24 months, CFC’s head of cyber said.

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AkinovA clients to gain access to CyberCube modeling
Insurance Lorenzo Spoerry 09/09/2022 Insurance Lorenzo Spoerry 09/09/2022

AkinovA clients to gain access to CyberCube modeling

CyberCube products to be made available on insurance risk trading platform.

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Analysis: With clarifications on war exclusions, Lloyd’s sets direction for market
Insurance Richard Silk 09/09/2022 Insurance Richard Silk 09/09/2022

Analysis: With clarifications on war exclusions, Lloyd’s sets direction for market

Fears of more state-backed attacks on the horizon

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Hard market moderating in cyber: WTW, Aon
Insurance Lorenzo Spoerry 09/09/2022 Insurance Lorenzo Spoerry 09/09/2022

Hard market moderating in cyber: WTW, Aon

London market insurance capacity available for the best risks, brokers say.

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