Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber...
standalone cyber insurance News
Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to...
Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
It is well known that small and medium businesses face an ever-increasing risk of cyber attacks. Sixty-three percent reported they...
Cyber insurers have been enjoying a profitable run for several years but are now facing a changed risk landscape with...
The number of U.S. insurers providing cyber insurance continues to grow along with instances of cyber attacks. In 2017, 170...
American International Group Inc. said it would include cyber coverage to its commercial casualty insurance during the first quarter of...
According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show preference for standalone cyber insurance policies as the...
Property/casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 percent jump from 2015,...
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both...