-
The broker’s 1st View report also finds hardening in the engineering market and increased appetite for quota share within marine. -
The carrier says ransomware incidents are now more likely to include a threat to release stolen data.
-
The underwriter formerly led Axa XL’s international cyber offering in London.
-
Delegates at the Marine Insurance London conference said that the sector needed to embrace data and innovation.
-
But getting loss ratios under control will require more than just pushing prices higher.
-
A range of sources in the reinsurance market said cedants needed a stark reassessment of primary rates.
-
Disagreement over cyber wordings in named-perils cover joins the list of issues creating friction ahead of 1.1.
-
Safeonline CEO Chris Cotterell becomes chairman of Howden’s cyber division.
-
The report said that the volume of cyber insurance claims had gone up more than nine times in the past five years.
-
With rate increases potentially falling short of rising loss costs, who will drive the changes needed in cyber?
-
The Beazley CEO also revealed plans to buy more reinsurance for FI and D&O.
-
The firm is one of a few carriers writing cyber for municipalities and townships in the US.
