The Source for Cyber Insurance News, Insights and Data
Beazley plc remains on track to meet its full-year guidance, reporting a 7% increase in insurance written premiums, reaching $4.6 billion by the end of Q3 2024. Net insurance written premiums also rose by 7%, totaling $3.8 billion, while premium rates on renewals remained steady as anticipated. The insurer achieved a robust investment return of … Read more
More than a few people have declared that “Information is power.” But that’s the easy part. Getting it is the hard part. In today’s digital landscape, where cyber threats constantly evolve, timely and accurate information is crucial for businesses to understand, mitigate, and ultimately prevent disruptions. Recognizing this, the Cyber Monitoring Centre (CMC) has partnered … Read more
Microsoft’s latest Digital Defense Report highlights an alarming rise in the complexity and scale of cyber threats, urging a collective defense strategy to counter both state-sponsored and criminal attacks. The Digital Defense Report 2024 provides an in-depth overview of the latest changes in the global cybersecurity landscape. The report outlines significant shifts in the nature … Read more
Cybersecurity negligence and resulting vulnerability have become increasingly critical as the number of known vulnerabilities surges. In a recent report, S&P Global Ratings warns that organizations slow to remediate highly targeted cyber vulnerabilities may face significant governance issues. Such delays increase the risk of system compromises and could negatively influence S&P’s assessment of an entity’s … Read more
Howden has introduced Howden Safe+, a cyber insurance solution for mid-size corporations with revenues between $250 million and $2 billion. The platform reduces underwriting questions by 30%, aiming to streamline the procurement process without compromising coverage quality. Overall, it is an intriguing cyber insurance proposition for mid-size corporations. Developed in collaboration with Safe Security and … Read more