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Wed 31 Jan 2024 | Cyber Risk Insurer

No brake on cyber rate cuts in sight after Q4 ransomware activity dip

Law enforcement actions lowered the level of ransomware activity in the fourth quarter whi ...

Wed 31 Jan 2024 | Cyber Risk Insurer

Coveware: Average ransom payment dropped 33% sequentially in Q4

The average ransom payment dropped 33 percent in the fourth quarter to $568,705, according ...

Wed 31 Jan 2024 | Cyber Risk Insurer

Global ransomware attacks affected record number of victims in 2023: Corvus

Ransomware activity increased 68 percent year on year in 2023, topping the previous record ...

Wed 31 Jan 2024 | Cyber Risk Insurer

Guy Carp completes first transaction on cyber ri CatStop+ product

Guy Carpenter has completed the first transaction using its newly launched CatStop+ cyber ...

Wed 31 Jan 2024 | Cyber Risk Insurer

Insurtech Boxx and Axa partner on SME cyber mitigation solution

Cyber insurtech Boxx Insurance has partnered with European insurance giant Axa to launch a ...

Tue 30 Jan 2024 | Cyber Risk Insurer

Zurich North America head of PL and cyber Chia exits for Axa XL CUO role

Zurich North America’s head of professional liability and cyber Michelle Chia has left her ...

Mon 29 Jan 2024 | Cyber Risk Insurer

Resilience expands offering to global clients of $10bn in revenue

Cyber insurtech Resilience has expanded its underwriting authority to serve large global c ...

Mon 29 Jan 2024 | Cyber Risk Insurer

WTW launches new cyber insurance solution for SMEs

WTW has developed a new specialised cyber insurance solution targeted at North America-bas ...

Mon 29 Jan 2024 | Cyber Risk Insurer

UK industry unites to form high-level cyber task force

The Association of British Insurers, Lloyd’s and leading (re)insurers and brokers have com ...

Mon 29 Jan 2024 | Cyber Risk Insurer

Chaucer warns of regulatory and litigation risk from poor corporate cybersecurity

Corporates may be at risk of regulatory fines or class actions following a data breach, Ch ...