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Cyber insurers could face largest loss in 20 years from CrowdStrike Outage
25 July 2024Insured losses are estimated to be between $400m and $1.5bn, says CyberCube
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Cyber insurers showcase the opportunity from continuous underwriting
25 July 2024Continuous underwriting has enabled cyber insurers to better understand their liabilities and improve profitability - and it's an approach the rest of the market could copy, as Paul Walsh reports
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CrowdStrike IT outage wake-up call for technology use, says WR Berkley CEO
23 July 2024Insurer does not expect material losses from event at this stage
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Japan's FSA probes personal data leak at Tokio Marine unit
23 July 2024 -
Beazley not anticipating major hit from CrowdStrike outage
23 July 2024Fitch Ratings says high single-digit billion loss will not have material impact on re/insurers
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System failure and business interruption the major loss triggers from global IT outage
22 July 2024Business interruption losses unlikely to be covered by general insurance policies, says APCIA
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LMA: IT outage chaos unlikely to breach op risk impact tolerances
19 July 2024Matt Wood, head of technology at the Lloyd's association explains insurance implications
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Limited impact for insurers from Microsoft outage, says AM Best
19 July 2024Insurer cyber protections, terms and reinsurance likely to limit losses
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Microsoft IT outage will be significant loss for insurers
19 July 2024Challenge for firms where both operations and coverage hit by outage
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Disruptive technology returns to top of SOA/CAS emerging risk survey
19 July 2024Continued evolution of technologies like ChatGPT most worries risk managers, according to poll