Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re

Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re

Claudia Strametz, who leads Munich Re’s business for Germany and who is responsible for cyber business in Europe said, “Over the past 10 to 15 years, cyber insurance has experienced remarkable growth, evolving from a virtually non-existent product to a global...
Insurance Development Forum raises $340 million for Infrastructure Resilience Development Fund

Insurance Development Forum raises $340 million for Infrastructure Resilience Development Fund

This debt fund will invest in small to medium-sized commercial infrastructure projects in emerging markets and developing economies (EMDEs). It will target a diversified portfolio of resilient infrastructure, including clean water and water management, waste...