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More reinsurers will enter the Cyber Market in 2024, predicts New CyberCube Report

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

While there will be an increase in the frequency of cyber attacks fueled by the proliferation of Artificial Intelligence (AI), the insurance sector will work more closely with SMEs to address their needs. LONDON: Traditional reinsurance companies will start offering...
Global cyber-insurance market makes a comeback, Price hikes moderate

Global cyber-insurance market makes a comeback, Price hikes moderate

by AIP Online Bureau | Feb 28, 2023 | International News, Non-Life, Reinsurance, Technology

Cyber-insurance pricing increased 10% from a year earlier in January, a fraction of the 110% annual increase reported in the first quarter of 2022, preliminary data from insurance broker Marsh McLennan show. If those trends continue, prices could be set to decline,...

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