Stories from Rendez-Vous de Septembre 2022, Monte Carlo

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At Monte Carlo, reinsurers were cautious about expanding in cyber
At Monte Carlo, reinsurers were cautious about expanding in cyber
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First cyber ILS expected in 2023: Aon securities
First cyber ILS expected in 2023: Aon securities
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ILS on the horizon as cyber market becomes too big for reinsurers
ILS on the horizon as cyber market becomes too big for reinsurers
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Swiss Re says cyber to be 'as big as property' by 2040
Swiss Re says cyber to be 'as big as property' by 2040

But reinsurer will remain underweight in cyber until the risk is better understood.

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Hannover Re aims to keep cyber business broadly stable
Hannover Re aims to keep cyber business broadly stable

Carrier to write €550m to €600m of cyber premiums this year.

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Should ransomware payments be made illegal?
Should ransomware payments be made illegal?

Opponents of the practice argue that paying cybercriminals incentivizes them to carry out their next attack, but a ban could have many negative consequences.

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