Moody’s RMS’ Biyikoglu: Siloed systems and complex integration detrimental to modelling capabilitiesModelling risk is challenging enough on its own, but siloed systems and complex integration pose additional technical challenges for clients, according to Cihan Biyikoglu, executive vice president of product at Moody’s RMS.
I detect no panic in the air but we have not reached an oasis of calm. Rather we are operating in a world that has settled on a plateau of manageable chaosPatrick Tiernan, chief of markets at Lloyd's
Moody’s RMS’ Steel: Exclusions will be an “inhibitor” to cyber market growth TVMoody’s RMS general manager Mike Steel has issued a rallying call for the industry to step up its efforts to work together in partnership with modelling firms to address the cyber challenge - or risk missing out on the opportunity as corporates turn to self-insurance.
TV Close QuarterCyberMillette: First cyber 144A cat bond “likely” for 2023Hudson Structured Capital Management (HSCM) co-founder and managing partner Michael Millette has predicted the first cyber 144A cat bond will go live in 2023, but warned growth in this space will be slow and “requires patience”.Fri 14 Oct 2022
TV Close QuarterCyberCFC’s Berry: Cyber rate momentum to ease but wording clarity must improveCyber insurance buyers can expect to see some relief in the momentum of price rises following two years of compound rate increases, according to Philippa Berry, CFC Underwriting’s cyber product leader.Thu 23 Jun 2022
Leading VoicesCyber(Re)insurance industry “hasn’t worked out” what cyber risk means: WTW’s GarrardWhile cyber presents an enormous growth opportunity for the (re)insurance industry, the market has not yet fully worked out the role it can play in addressing such perils, according to WTW’s global head of risk and broking Adam Garrard.Thu 7 Apr 2022
NewsCyberBeazley pushing harder on cyber rates than peers to ensure policy integrity: CoxBeazley is pushing harder for rate increases in cyber than some of its competitors as the carrier looks to ensure the risks covered are properly priced in response to the continued uptick in ransomware attacks, CEO Adrian Cox has said.Tue 19 Oct 2021
“Heightened volatility and prolonged uncertainty” to drive reinsurance demand in 2021 – Guy Carpenter’s David Priebe
