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Markel launches first-of-its-kind affirmative cyber product for collateral war cover

Markel launches first-of-its-kind affirmative cyber product for collateral war cover

by AIP Online Bureau | May 14, 2025 | Eco/Invest/Demography, International News, Reinsurance, Risk Management, Technology

Chris Burgess, Director of Cyber at Markel International, commented: “With this new product, Markel is responding to the changing needs of our clients. We’re conscious that some larger clients still want cyber cover for the indirect impact of war, and this...
Pakistan-allied hackers launched 15 lakh cyber attacks on Indian websites; only 150 successful

Pakistan-allied hackers launched 15 lakh cyber attacks on Indian websites; only 150 successful

by AIP Online Bureau | May 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

In a report titled “Road of Sindoor”, prepared under the military operation launched by the Indian armed forces under the same name against terrorists, the state’s nodal cyber agency has detailed the cyber warfare launched by Pakistan-allied hacking...
Britain’s M&S stops taking online orders after cyber attack

Britain’s M&S stops taking online orders after cyber attack

by AIP Online Bureau | Apr 25, 2025 | International News, Risk Management, Technology

“Our experienced team – supported by leading cyber experts – is working extremely hard to restart online and app shopping,” the company said on X, apologizing for the inconvenience and stating that its stores remained open.Some M&S International operated websites...
Govt issues alert about online frauds targeting pilgrims tourists

Govt issues alert about online frauds targeting pilgrims tourists

by AIP Online Bureau | Apr 19, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

These frauds are being perpetrated through fake websites, deceptive social media pages, Facebook posts, and paid advertisements on search engines such as Google, the home ministry said in a statement New Delhi: The Indian Cyber Crime Coordination Centre, under the...

US cyber insurance premium shrinking to continue: Fitch

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...
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