Cyber Insurance Poses Significant Risks to Re/Insurers’ Stability
Cyber insurance offerings expansion could pose significant risks to the financial stability of re/insurers if not managed with caution
Cyber insurance generally covers your business’ liability for a data breach involving sensitive customer information. Cyber insurance generally does not cover property damage, which includes computer and other technology equipment that is often damaged as part of the cyber attack.
A claim under Cyber Insurance may cover financial losses your business suffers as a result of a cyber incident (known as first party cover), as well as losses suffered by third parties as a result of the incident (known as third party cover).
In this section, we have collected the most current articles and reviews on the topic of the Cyber insurance cover.