Systemic Cyber Risk: Is it Insurable?
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Critical systems carry points of failure. Welcome to systemic risk.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
At its core, aggregation risk triggers multiple policies.