Cyber Insurance: A Growth Market for Insurers With Some Caveats May 31, 2023 As demand for cyber insurance continues to grow, insurers must remain vigilant in managing the changing risk associated with the...
Viewpoint: Could Increasing Ransomware Frequency Bring Back Repeat of Hard Market? May 25, 2023 Insurance pricing is cyclical. When loss ratios are sustainably higher, over time prices rise in response, creating a hard market....
Marsh: Cyber Insurance Purchases Climb After Rocky Couple of Years May 23, 2023 Stricter policy language, pricing increases and more scrutiny at policy inception made for a tumultuous couple of years in the...
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market May 19, 2023 By Elizabeth Blosfield Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers...
Clients Buy Higher Limits as Q1 Cyber Increases Follow Moderation Trend: Marsh May 15, 2023 By Chad Hemenway For the fifth straight quarter, pricing increases for cyber insurance continued to fall at the start of 2023. According to...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster March 3, 2023 By Elizabeth Blosfield Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a...
25 Years: The Journey of Cyber Insurance July 6, 2022 By Kurtis Suhs While young underwriters may think that cyber insurance is a recent coverage innovation, the line is actually more than two...
Cyber Premiums Rapidly Grew 74% in 2021: Fitch April 14, 2022 According to estimates by Fitch Ratings, direct written premiums (DWP) for standalone and packaged cyber insurance increased 74% to nearly...
U.S. Cyber Insurers Face Changing Landscape; Top 20 Cyber Insurers July 22, 2020 Cyber insurers have been enjoying a profitable run for several years but are now facing a changed risk landscape with...
State of the Cyber Insurance Market- Top Trends, Insurers and Challenges: A.M. Best June 18, 2019 The cyber insurance market continues to grow and underwriting performance in this line remains strong, according to a new industry...