Cyber Insurance Purchasing Slowing After 6 Years of Fast Growth November 1, 2016 The overall upward trend of organizations purchasing cyber insurance continued in 2016, however there are signs the market is slowing...
AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch August 29, 2016 About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to...
Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk March 21, 2016 By Andrew G. Simpson If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a...
Insurers Respond Slowly to Growing Demand for Cyber Insurance: Timetric Report October 5, 2015 The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850...
Just How Costly, Fast-Growing Is Cyber Risk? September 15, 2015 Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to...
Willis Partners with HITRUST to Address the Healthcare Industry’s Cyber Exposures July 23, 2015 The Health Information Trust Alliance (HITRUST), an organization supporting the healthcare industry in advancing the state of information protection, has...
CFC Launches Cyber Policy for U.S. Healthcare Providers July 14, 2015 Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically...
Where Cyber Insurance Underwriting Stands Today June 12, 2015 “You would think the first question to ask would be: Do insured parties understand the elements and limitations of coverage?”...
Insurance Industry Says Cyber Threat Database Needed April 6, 2015 By Mark Hollmer Cyber insurance is one of the fastest growing property/casualty insurance markets. But the sector remains the Wild West of risk...
Treasury Troubled by Smaller Firms Not Buying Cyber Insurance February 18, 2015 By Mark Hollmer While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller...