Volatile Cyber Market Struggles to Boost Reinsurance Capacity September 13, 2021 By Mark Hollmer The cyber insurance market could benefit greatly from more reinsurance cover but it has been a challenge to attract interest....
For Now, No Need for Federal Cyber Reinsurance Backstop: Experts September 9, 2021 By Mark Hollmer Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market,...
Global Cyber Reinsurance Rates Soar by as Much as 40% During July Renewals: Willis Re July 1, 2021 Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said...
Acrisure Re Launches Cyber Reinsurance Division in Partnership with Kovrr June 14, 2021 Reinsurance broker Acrisure Re has launched a London-based cyber division in partnership with cyber risk modeler Kovrr. Headed by Cyber...
Guy Carpenter Names Co-Heads of Cyber, Hiring Swiss Re’s Cordonnier, Promoting Davis April 19, 2021 Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the appointment of Anthony Cordonnier as managing director...
April Reinsurance Renewal Pricing ‘More of the Same,’ Reports Willis Re April 1, 2021 International reinsurance renewals completed for April 1 followed trends set earlier in the season, as market pricing remained firm in...
Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk November 19, 2020 Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (an asset manager undertaking its...
Envelop Risk Paves the Way as Insurtech Reinsurance MGA September 29, 2020 By L.S. Howard Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that...
Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk July 9, 2020 Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber...
Cyber Underwriting Firm Envelop Risk Raises $6 Million in Funding May 15, 2020 Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million. The...