News Risk Management14 Aug 2019

(Re)insurance to look at governments and capital markets to boost cyber risk capacity

| 14 Aug 2019

Rating agency Standard & Poor's says it is inevitable that insurance and reinsurance firms will look to both the government and capital markets to help in boosting available cyber risk capacity. It says that if a prudent approach to underwriting and accumulation management isn't followed, the economic loss potential associated with cyber risks will be enormous.

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