Cyber risk

The 2023 Allianz Risk Barometer gives insight into the risks organizations are facing in the year ahead and what action companies are taking as they face increased levels of disruption as a result of various factors including digitalization, the war in Ukraine and inflation.

The cyber insurance sector refused to be fazed by snowballing ransomware attacks, helping insureds protect themselves better. But a potent threat to both parties persists.

Deep fakes and quantum computing are adding to the multiple risk issues confronting cyber risk insurers

2022's Airmic ERM (Enterprise Risk Management) Forum held in London, provided risk professionals a networking platform to explore trends that are reshaping the enterprise risk management landscape, such as the impact of geopolitical tensions on supply chains as well as the increasing threat of cyber attacks as our world becomes more interconnected.

Is 2023 set to be the most testing year for the industry in living memory?

Live from Target Markets in Scottsdale AZ, Meg Green talks to Kirsten Bay about the cyber insurance market and innovative business models to tackle cyber risk in the market.

"There's never been a line of commercial insurance that has more data at its fingertips than cyber insurers do today," says Methven. "But it's how they find that needle in the haystack."

The continued growth of the cyber insurance market, increasing premiums and the potential for risk diversification is causing fund managers to consider the prospect of cyber risk as an asset class.

How insurers can prepare for unexpected, unmodelled shock losses

A new report suggests the potential impacts could cripple entire societies

Join us 10 a.m. EST, Sept. 22, for a free webinar, offered in partnership with RMS

Join Insider Engage, in partnership with Markel, for a free webinar, 10 a.m., Aug. 23

The prospect of a long, hard market is driving businesses to make more use of self-insurance instead of handing premium over to carriers.