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

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 attacks; and the challenges of current modeling of risk accumulation and catastrophic cyber events. Now comes a contrarian view from a leading cyber risk risk … Read more

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

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 related events, such as a large cyber attack.) InsuranceERM, a provider of news and information on insurance and risk, suggests the industry is using a … Read more

Better Modeling Will not Save the Cyber Re/Insurance Industry from Catastrophic Risk: The Geneva Association

“Cyber Risk Accumulation: Fully Tackling the Insurability Challenge’” is a useful new report from The Geneva Association (GA), “a global association of insurance and reinsurance CEOs and think tank for the insurance industry.” See information on the report here. We found a number of the report’s findings valuable, including the role and recent history of … Read more

Generative AI to Revolutionize Cyber Insurance – Report

Measured Analytics and Insurance (Measured AI) has unveiled an intriguing white paper, “How Generative AI Will Transform Cyber Insurance in the Next 24 Months.” This release underscores generative AI’s pivotal role in reshaping the landscape of cyber insurance. You can find the whole paper here. Our summary follows. Generative AI, a cutting-edge technology poised to … Read more

Intelligent Insurer to Launch European Cyber Insurance Awards

How do you know an industry is here to stay? There are awards and celebrations. With that. Intelligent Insurer is launching the inaugural European Cyber Insurance Awards in London, designed to celebrate innovation, dedication, and excellence within the cyber insurance industry and recognizing achievements in cyber risk management. Over the past two years, Intelligent Insurer … Read more

×