Insurers Pull Back on Cyber Cover as Ransomware Losses Mount

Share!

Carrier Management - Nov 19, 2021

Insurers Pull Back on Cyber Cover as Ransomware Losses Mount LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. ......

Read Full Article

Recommended Articles

Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best

Posted: Feb 24, 2026

Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best Ongoing violence from crim...

Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best

Posted: Feb 24, 2026

Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best Success for the pr...

New Texas Law Requires Insurers Provide Reason for Declining or Canceling Policies

Posted: Feb 24, 2026

New Texas Law Requires Insurers Provide Reason for Declining or Canceling Policies Beginning earlier...