Systemic Cyber Risk: Is it Insurable?
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
At its core, aggregation risk triggers multiple policies.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
