GAO issues report on catastrophic cyber losses

Share!

Business Insurance - Jun 21, 2022

Insurers and the federal government’s terrorism risk insurance may not be able to cover cyberattacks that target critical infrastructure, with cyber insurers having taken steps to limit their losses in such cases, says the U.S. Government Accountability Office, in a report issued Tuesday that calls...

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...