US commercial insurance market stable for buyers but sense of fragility remains
Ample capacity, greater competition, and strong reinsurance support are driving rates down in the US for property, workers compensation, D&O…
Crowdstrike drives record-high cyber claims in Europe: Marsh
Cyber claims notifications in Europe are on track to set a new record in 2024, driven by the Crowdstrike outage…
Eiopa says captives could benefit from DORA’s proportionality rules
Eiopa has told Commercial Risk Europe that although captives don’t have a specific carve out from new EU cybersecurity rules…
Marsh expects European cyber rates to continue softening next year
Cyber insurance prices for European buyers are expected to continue to fall into 2025, although they may start to moderate…
Munich Re and ERGO target higher profit in 2025
Munich Re is targetting further growth in profit next year to €6bn, with its ERGO unit expected to add €900m…
Ransomware to target larger organisations next year, warns Moody’s
Moody’s predicts that ransomware attackers will shift their target to larger organisations next year in search of larger payments and…
Mapfre Re launches first cat bond
Mapfre Re has launched its first ever cat bond, becoming the second European carrier this month to tap capital markets…
Cyber consortium launches at Lloyd’s
US cybersecurity firm Hitrust Services has launched a cyber insurance consortium in collaboration with Lloyd’s of London. The shared risk…
