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.
At its core, aggregation risk triggers multiple policies.
Critical systems carry points of failure. Welcome to systemic risk.
Reliable modeling begins with defining and refining the data required.
