NewsInsuranceThu 25 Jul 2024 | Cyber Risk InsurerInsuramore: Global cyber insurance GDPW exceeded $15.7bn in 2023Worldwide cyber insurance gross direct premiums written in 2023 exceed $15.7bn, potentiall ...
NewsInsuranceThu 25 Jul 2024 | Cyber Risk InsurerMunich Re’s Canals: CrowdStrike losses may prompt insurers to “recalibrate their pricing”The CrowdStrike outage may lead insurers to look for rate increases, depending on the size ...
NewsInsuranceThu 25 Jul 2024 | Cyber Risk InsurerAxa XL creates two new cyber underwriting teams led by Rossini and CrawfordAxa XL has established new cyber underwriting teams for middle market and wholesale client ...
NewsInsuranceThu 25 Jul 2024 | Cyber Risk InsurerCyberCube estimates CrowdStrike outage insured losses at $400mn-$1.5bnCyberCube has estimated the standalone cyber market will face losses of between $400mn and ...
NewsInsuranceWed 24 Jul 2024 | Cyber Risk InsurerAmwins: CrowdStrike outage losses “could have a material impact on loss ratios”Wholesale giant Amwins has commented that CrowdStrike outage losses from heavily affected ...
NewsInsuranceWed 24 Jul 2024 | Cyber Risk InsurerAt-Bay’s Iram: CrowdStrike outage underscores vulnerabilities of “open garden” architectureRestoring the remaining 10 percent of machines affected by the CrowdStrike outage has prov ...
NewsInsuranceWed 24 Jul 2024 | Cyber Risk InsurerCiti: CrowdStrike could be “Goldilocks scenario” with reversal of rate falls and coverage creepAnalysts from Citi have suggested the CrowdStrike global outage could be a “Goldilocks sce ...
NewsInsuranceTue 23 Jul 2024 | Cyber Risk InsurerBeazley CrowdStrike loss estimated at $80mn-$120mn: BerenbergBeazley’s potential loss from the global IT outage caused by a CrowdStrike systems update ...
NewsInsuranceTue 23 Jul 2024 | Cyber Risk InsurerWR Berkley not expecting “material loss” from Microsoft/CrowdStrike eventWR Berkley does not expect to suffer a “material loss” from last Friday’s Microsoft/CrowdS ...
NewsMon 22 Jul 2024 | Cyber Risk InsurerFitch: (Re)insurers could withstand CrowdStrike loss in “mid to high single digit billions”The CrowdStrike outage is unlikely to have a material impact on global (re)insurer financi ...