Cyber insurers face increased loss ratios

As ransomware perpetrators are now targeting larger organisations in search of higher ransom demands, cyber insurers face a a greater hit to their credit ratings, Moody’s has warned.

In response to declining revenue per victim, Leroy Terrelonge, Moody’s Ratings vice president and author of the agency’s Outlook report, said cyber attackers are seeking to wring greater returns from

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LA blaze shows insurers must be agents of resilience

As the cost of fixing the damage done by the Los Angeles wildfires runs into billions of pounds, Rory Yates, global strategic lead at EIS, argues rather than retreat from risk claiming withdrawal is the only option, insurers must demonstrate every avenue for resolution has been pursued.

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