Cyber Reinsurers Aim to Master the Dangers of Global Accumulation October 5, 2018 By L.S. Howard Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a...
Aon Creates $350M of Cyber Capacity, Launches New Solution for Silent Cyber September 7, 2018 Aon plc is continuing its investment in cyber by creating US$350 million of new reinsurance capacity and launching its silent...
AIR Worldwide and Capsicum Re Collaborate to Enhance Silent Cyber Models September 4, 2018 Catastrophe modeling firm AIR Worldwide (AIR) announced it is collaborating with reinsurance broker Capsicum Re to enhance the insurance industry’s...
Aon Promotes Mulligan to Head of Cyber, Foord-Kelcey to Head of Cyber Innovation September 4, 2018 Aon plc has promoted Catherine Mulligan and Luke Foord-Kelcey within its Reinsurance Solutions business to strengthen its suite of cyber...
Cyber Reinsurance Underwriting Group Formed for London Market May 24, 2018 The International Underwriting Association of London (IUA), representing carriers operating in or through London, has formed a group on cyber...
Insurers Say Cyber Insurance Underwriting Is Profitable for Now: PwC April 26, 2018 Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance...
Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered March 1, 2018 Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business...
JLT Re Appoints Ed’s Gray as Cyber Treaty Specialist, London & International Team August 3, 2017 JLT Re, the global reinsurance broker and consultant, has appointed Ben Gray as a partner in JLT Re’s London &...
UK’s Terrorism Reinsurer, Pool Re, Plans to Extend Cover to Include Cyber March 13, 2017 Britain’s 6 billion pounds ($7.3 billion) terrorism reinsurance fund hopes to extend its cover to include cyber attacks on property,...
Confusing, Costly Cyber Policies Create Obstacles to Market Growth: Deloitte March 3, 2017 By L.S. Howard Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers...