Cyber & Technology
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December 7, 2023
AI unlikely to replace human element in commercial insurance
Artificial intelligence (AI) will provide insurance professionals with powerful new tools to improve efficiencies but is unlikely to replace the…
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December 6, 2023
Free cyber risk platform rolled out to help buyers and spur ILS market
Cyber risk quantification specialist DeNexus has made its cyber risk assessment platform available for free to industrial companies, in a…
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December 6, 2023
AI-written articles and content spark liability concerns
Media organisations that publish artificial intelligence-generated content in the US should be transparent about how and when they are using…
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December 5, 2023
UK creates resilience academy as risks accelerate
The UK is to create a new resilience academy to combat the increasingly complex risks faced by the country, including…
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December 4, 2023
European authorities agree new cybersecurity rules
Mandatory cybersecurity requirements for software and products connected to the internet will come into force across the EU, after political…
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November 29, 2023
UK legal sector faces surge in cyberattacks
Law firms in the UK have suffered a spike in cyber risk over the past two months as the sector…
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November 29, 2023
US insurance prices rise in Q3 but pace slows
US commercial insurance premiums rose 8.1% on average in the third quarter, with property rates continuing to surge, according to…
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November 29, 2023
UK and US agencies release joint AI cybersecurity guidelines
The UK’s National Cyber Security Center (NSCS) and the US Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA)…
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November 28, 2023
North American buyers face hardening rates into 2024: WTW
North American insurance buyers continue to see rate increases across most lines, albeit primarily in the single digits, while the…
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November 27, 2023
Specialty broker Consilium books 35% growth and targets further expansion
Specialty broker Consilium has reported 35% growth in revenue for the year ending June 2023, booking gross written premiums of…
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November 24, 2023
Risk management overload a top business risk in 2024, warns Control Risks
The never-ending spate of polycrisis and global tensions means that risk management overload has become one of the top five…
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November 23, 2023
Uncapped government backstop needed for ‘uninsurable’ cyber and climate risk: Geneva Association
Systemic and emerging risk is reaching the limits of insurability, in particular for climate and cyber threats, says a new…
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November 23, 2023
Axis hires ex-Zurich cyber exec
David Shluger has joined Axis Capital Holdings as head of cyber risk advisory. He was previously vice-president of cybersecurity services…
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November 21, 2023
Retailers with history of cyberattacks face lost Black Friday sales, finds QBE poll
More than half of Black Friday shoppers in the UK (54%) would avoid buying from an online retailer with a…
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November 21, 2023
Asia sees modest price increases amid growing demand for ART
Demand for alternative risk transfer solutions has increased in Asia according to Aon, which said it has seen a growing…
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November 20, 2023
Global insurance market moderates further in Q3 as insurers go for growth: Aon
The global commercial insurance market moderated further in Q3, with prices still rising a touch in most regions, but buyers…
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November 20, 2023
Survey suggests cyber spend not keeping pace with growing threat
Large companies are failing to spend enough on cybersecurity, with average spend in the UK and US up just 3%…
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November 16, 2023
Increasing regulatory risks for global insurance programmes
Alex Gage, head of global programmes – specialty risks, Beazley, spoke to Global Risk Manager about demand for specialty products,…
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November 16, 2023
Italian supervisor focuses on cyber awareness among SMEs and individuals
The Italian insurance supervisor Ivass has launched Cybersecure, its information campaign focused on cybersecurity that is designed to raise awareness…
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November 16, 2023
World’s major cities lack resilience to future risks, finds Tokio Marine study
Cities across the world lack the infrastructure and environmental policies to withstand the worsening impacts of climate change and other…