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Mon 22 Jul 2024 | Cyber Risk Insurer

Analysis: Cyber insurance market reacts to CrowdStrike outage

Cyber insurance market players have been reacting to the CrowdStrike outage, assessing the ...

Mon 22 Jul 2024 | Cyber Risk Insurer

CrowdStrike “most important” cyber accumulation loss event since NotPetya: Aon

The global Microsoft outage is likely to be “the most important cyber accumulation loss ev ...

Mon 22 Jul 2024 | Cyber Risk Insurer

Shift to event-based cover makes Microsoft losses hard to model: Guy Carpenter

The shift to event-based cyber insurance products at 1.1 means recoveries for losses cause ...

Mon 22 Jul 2024 | Cyber Risk Insurer

Insurance stocks dip as carriers scramble to assess outage exposures

Travelers and AIG saw the most significant share price falls on Friday in the wake of the ...

Mon 22 Jul 2024 | Cyber Risk Insurer

Parametrix: Outages are “huge wake-up call” for cyber insurers

Parametrix CEO Yonatan Hatzor has warned cyber insurers will face “significant losses” fol ...

Fri 19 Jul 2024 | Cyber Risk Insurer

Microsoft outage unlikely to dampen Beazley’s capital returns: Jefferies

Structural defences within Beazley’s cyber book will likely mitigate any exposure or aggre ...

Fri 19 Jul 2024 | Cyber Risk Insurer

Microsoft outage underlines insurers’ fears of accumulation risk

A global IT outage across Microsoft computer systems on Friday morning has further amplifi ...

Thu 18 Jul 2024 | Cyber Risk Insurer

European regulators to form cybersecurity committee

A cohort of EU financial regulators have come together to create a cyber coordination body ...

Wed 17 Jul 2024 | Cyber Risk Insurer

CRC and INSUREtrust launch cyber excess facility

Wholesale broker CRC Group has launched Cyber.IE, an exclusive excess product available th ...

Wed 17 Jul 2024 | Cyber Risk Insurer

TransRe promotes Kališnik and Liu to cyber leadership roles

TransRe has promoted Tina Kališnik to global portfolio leader, cyber and Diana Liu to US c ...