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Fri 26 Jul 2024 | Cyber Risk Insurer

CrowdStrike outage could firm pricing and boost demand

Cyber market observers believe that the CrowdStrike outage could lead carriers to “recalib ...

Fri 26 Jul 2024 | Cyber Risk Insurer

CrowdStrike loss “manageable” despite variance in loss estimates

Insured losses from the CrowdStrike outage could top $1bn but carriers appear confident th ...

Fri 26 Jul 2024 | Cyber Risk Insurer

BEC a “sleeper threat” for cyber (re)insurance market

Business email compromise claims can lead to potentially devastating consequences despite ...

Fri 26 Jul 2024 | Cyber Risk Insurer

Opportunity for wholesale product usage to “grow through the roof”

Wholesale brokers have a great opportunity to grow product usage, CRC/INSUREtrust cyber pr ...

Fri 26 Jul 2024 | Cyber Risk Insurer

Continued rebalancing of demand-supply dynamics for cyber reinsurance

Aon reports that reinsurance buyers saw further improvements in conditions at recent renew ...

Fri 26 Jul 2024 | Cyber Risk Insurer

CrowdStrike outage another wake-up call for cyber market

The CrowdStrike outage has dominated the cyber insurance market’s attention since around 8 ...

Fri 26 Jul 2024 | Cyber Risk Insurer

CrowdStrike could be earnings event for cyber insurers: AM Best

Although the full impact of last week’s CrowdStrike outage remains unclear, it could be an ...

Fri 26 Jul 2024 | Cyber Risk Insurer

Cowbell confirms $60mn Series C equity investment from Zurich

Cowbell has confirmed the close of a $60mn Series C equity investment from Zurich Insuranc ...

Fri 26 Jul 2024 | Cyber Risk Insurer

Coalition pegs US insured losses from CrowdStrike outage at $960mn

The global CrowdStrike outage is estimated to have caused an industry-wide loss of up to $ ...

Fri 26 Jul 2024 | Cyber Risk Insurer

Zurich’s Cowbell buy-in may spur Axa and Generali to seek cyber MGA partnerships: Citi

Zurich’s investment into cyber MGA Cowbell may spur European multiline rivals Axa and Gene ...