Systemic Cyber Risk: Is it Insurable?
At its core, aggregation risk triggers multiple policies.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Critical systems carry points of failure. Welcome to systemic risk.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
