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Hiscox : Ariel Re and Hiscox Re & ILS announce launch of new cyber catastrophe consortium - Vimarsana News

Hiscox : Ariel Re and Hiscox Re & ILS announce launch of new cyber catastrophe consortium

Ariel Re and Hiscox Re & ILS announce launch of new cyber catastrophe consortium designed to improve certainty of coverage in the complex cyber insurance market. London, UK, 25...

ILS cyber reinsurance won't mature fully until clearing cat bar - Vimarsana News

ILS cyber reinsurance won't mature fully until clearing cat bar

A $1bn event would ‘strain system’ that hit $5bn premium in ‘21 & estimated $8-11bn in ‘22.

Catastrophic cyber event to hit the world in next two years, warns top expert - Vimarsana News

Catastrophic cyber event to hit the world in next two years, warns top expert

Albania's prime minister Edi Rama said that the cybercrime industry stood at $3 trillion in 2015 and is expected to grow to $10.5 trillion in 2025.