Risk Modeling Archives

Fears of Massive Cyber War Losses are Overblown: Catastrophic Risk Expert

November 18, 2023November 18, 2023 Mark Sauter

We’ve reported extensively on the insurance industry’s fear of “cyber war;” debate over exclusions for state-backed, systemic cyber attacks; moves by governments to backstop the cyber insurance industry for massive…

Cyber Insurance, Cyber Insurance Claims, Cyber Insurance Systemic Risks, Cyber Insurance Threats, Cyber Insurance Underwriting, Cyber War Exclusions, Insurance Linked Securities/ILS, Insurance Loss Warranty contract/ILW, Risk Modeling

You’re Measuring Systemic Risk all Wrong, InsuranceERM Tells Cyber Insurance Industry

November 16, 2023November 16, 2023 Mark Sauter

We’ve reported extensively on the challenges of the cyber insurance industry in modeling systemic risk and the related accumulation risk (insurance risk of multiple, unanticipated claims from the same or…

Cyber Insurance, Cyber Insurance Systemic Risks, Cyber Insurance Threats, Insurance Linked Securities/ILS, Risk Modeling