Centro de Documentacion de Fundación MAPFRE - The Risk of a cyber catastrophe : solving for insurer's fear of the unknown

MAP20230021231

The Risk of a cyber catastrophe : solving for insurer's fear of the unknown / Adam Banas [et al.]. — London : Gallagher Re, 2023

14 p.

Sumario: Though Cyber insurance is a rapidly growing market, it's never had to deal with such a catastrophe, which makes it difficult to model and price. Multiple factors make cyber cat a difficult variety of catastrophe to tackle: cyber modelling remaining in its infancy, demand for cyber insurance is increasing, and levels of uncertainty remaining high. And while exposures have been managed so far through appetite, pricing, tighter wordings and exclusions, the (re)insurance industry ultimately requires more and better data from insured clients to improve models, and thus pricing. How can the industry further enable more granular coverage?

1. Mercado de seguros . 2. Ciberataques . 3. Seguro de ciberriesgos . 4. Catástrofes . 5. Mercado de reaseguros . 6. Gerencia de riesgos . I. Gallagher Re . II. Title.