cyber insurance News
Casualty Actuarial Society Forms Cyber Risk Task Force
The Casualty Actuarial Society has announced the formation of the Task Force on Cyber Risk, an initiative that reflects the rapid growth of cyber risk and the pressing need to find effective means of ...
ID Experts, Enquiron Unveil Online Resource for Cyber Insurers to Address Client Breach Issues
ID Experts, a provider of data breach software and services, has developed Virtual Privacy Expert, an online, one-stop resource to equip cyber insurance carriers with hands-on tools and information ...
Catastrophic Cyber-Attack Coverage Remains Elusive: Willis Report
Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A new market report from Willis Group Holdings concluded that companies face a ...
Zurich P/C Chief Kerner Sees ‘Dramatic’ Cyber Attack in Near Future
Michael Kerner, who oversees property-casualty coverage at Zurich Insurance Group AG, said computer threats are escalating and may soon cause "dramatic" disruptions for businesses and individuals. ...
Keeping Up With Emerging Risks Remains A Struggle For P/C Carriers
The property/casualty insurance industry depends on lots of data to develop products and price them, making the coverage of new risks a significant challenge for underwriters, a London specialist ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...Banks In Cyber Heist Face Hurdles To Get Money Back
Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, ...