Majority of Bermuda Insurers’ Cyber Risk Is “Silent”, Models Should Be Reviewed Annually
A new report from the island’s regulator says that insurers and reinsurers have done “little” in cyber risk disclosure
A new report from the island’s regulator says that insurers and reinsurers have done “little” in cyber risk disclosure
Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.
The government's expansion into cyber risk as part of the annual “data call” for the US terrorism insurance backstop has received sharp industry pushback.
A nationwide subrogation fund run by insurers and reinsurers — as well as cyber risk modeling consortium — are being suggested.
In announcing what it describes as the “insurance industry’s first cyber risk modeling tool,” Willis Re’s new product