Archive

AI: Superintelligent or superdangerous?

The development of "superintelligent" AI could be the biggest shift - and some say threat - in the course of human evolution. Insurers will need to get to grips with it fast, as Sarfraz Thind examines

European cyber mutual Miris writes €11.5m of premiums in first year

BASF and Solvay-backed firm has profitable 12 months of business

Hannover Re and Parametrix issue $13.75m cat bond for cloud outage risk

Cumulus Re protects the German reinsurer against cloud outage loss accumulation within its cyber reinsurance portfolio

Greater competition and capacity prompting decline in cyber pricing

CyberCube also warned the re/insurance sector should be wary of cyberattacks on healthcare providers in 2024

Ransomware is back on the rise, and boosted by AI, warns Munich Re

The reinsurer also experts anticipate a sharp increase in business email compromise attacks

Prudential Financial data breach hits over 36,000 people

The insurer believes a cybercrime group carried out the attack

Beazley's property premiums soar as it capitalises on US insurance crisis

Speciality re/insurer doubles pre-tax profits to $1.3bn, launches share buy-back

Axa Japan's customers have details exposed in data leak

Winners of the InsuranceERM UK & Europe 2024 awards revealed

Individuals, teams and companies recognised for risk management excellence

Singapore regulator issues guidance on quantum computing risks