Reinsurance News

Cyber insurance & reinsurance news

Cyber insurance and reinsurance news, covering the growth of cyber reinsurance underwriting, the risks faced by cyber risk insurer’s, major cyber loss events, cyber reinsurance product development and cyber risk innovation trends.

Cyber risk is an emerging and fast-growing class of insurance and reinsurance business, so our cyber reinsurance news follows industry trends and reports on innovations, industry cyber risk capacity issues, as well as what is happening in the cyber underwriting market.

Arthur J. Gallagher targets cyber coverage gaps for manufacturers

9th February 2017

With a newly launched cyber insurance product broker Arthur J. Gallagher is targeting some of the gaps in existing cyber coverages, a step that could help to open up some of the untapped cyber exposure to the market which could generate significant reinsurance demand. Backed by A rated Lloyd's of London ... Read the full article

Aon hires U.S. intelligence expert in Cyber role

1st February 2017

Reinsurance broker Aon Benfield has hired U.S. intelligence expert Craig Guiliano, as Technology Consultant in its Cyber division, as it looks to improve its understanding of cyber risks across the world. Guiliano joins the firm with more than 13 years of experience in conducting human and business intelligence, the assessment of cyber ... Read the full article

QBE signs deal to licence RMS Cyber Accumulation Management System

3rd January 2017

QBE Insurance Group has agreed a multi-year deal to licence the RMS Cyber Accumulation Management System, with catastrophe risk management firm RMS. The risk modeller explains that the agreement will allow the insurer's cyber business to model a variety of cyber catastrophe events. The growing threat of cyber attacks across the ... Read the full article