The cost of reinsurance can be a significant part of an insurer’s expenses, particularly in the current hardening market. One way for insurers to get on the front foot with reinsurance is to improve data quality.
Cyber insurance is a relatively new insurance product, and its terms and coverage are still evolving. Of particular interest are the challenges of defining and standardising cyber war and terror exclusions, which have been bought into sharp focus in recent times.
It has been almost 150 days since the Russian-Ukrainian conflict began and its impacts on cyber insurance has been ever so imminent. This article examines the implications of the conflict on cyber insurance, with a focus on policy terms.
There’s no doubt that the widespread introduction of autonomous vehicles will create an unprecedented shift in modern society. Among the largest adjustments will be felt in the insurance space.
Posted 21 December 2021
Posted 15 September 2021
