Cyber

The company is reducing the limits it offers to $5mn, non-renewing accounts with more than $100mn in revenues, and only quoting new business for accounts with less than $10mn in revenue.

Jennifer Quinn will be tasked with growing Liberty’s market presence in cyber and strategic assets business.

The wholesale broker’s cyber index shows 70% of clients were hit with double-digit rate hikes in April.

The broker’s cyber practice leader Tom Quy will lead the initiative.

Panellists said that improved data around aggregations could attract new cyber reinsurance players.

Expert panel explores capital constraints, ransomware attacks and hardening market at Insurance Insider’s Cyber Summit 2021.

Falcon Risk Holdings will initially focus on financial and cyber lines in the US.

Brokers were informed on the final working day before the 1 June renewal that the MGA would not be able to honour renewal quotes for cyber clients.

After loss ratios surge, report warns that US cyber prospects are "grim".

After loss ratios surge, the ratings agency's report warns that US cyber prospects are "grim".

The underwriting executive will oversee lines including cyber, D&O and casualty.

The cyber expert will succeed Catharina Richter as head of Allianz’s cyber center of competence.