by AIP Online Bureau | Apr 9, 2022 | International News, Non-Life, Reinsurance, Technology
Munich Re is seeking clearer war exclusion clauses in cyber policies, based on wording developed last year in the Lloyd’s of London market S&P Global said last week that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the...
by AIP Online Bureau | Feb 7, 2022 | Indian News, Non-Life, Technology
Airtel Payments Bank customers can purchase this cyber insurance policy within minutes using the Airtel Thanks app. This insurance comes with ZERO waiting period and allows users to make multiple claims multiple times during the policy tenure, within the limits of the...
by AIP Online Bureau | Nov 20, 2021 | International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits
“Insurers are changing their appetites, limits, coverage and pricing,” Caspar Stops, head of cyber at insurance firm Optio, said. “Limits have halved – where people were offering 10 million pounds ($13.50 million), nearly everyone has reduced to...
by AIP Online Bureau | Jul 9, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Hitesh Kotak,Chief Executive Officer – India Branch, Munich Re “ Cyber risk coverage is a strategic focus of Munich Re and we are committed to supporting our partners in India to create a long-term sustainable market. India’s economic size...
