Capital levels in the market are stable as both insurers and reinsurers have a better grip on risks and exposure… Related Stories AI increasing physical cyber risk in shipping Claims needs to be more involved in wordings: IUA’s Shaw Carbon Underwriting well placed to navigate softening market: Ferrier
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The use of artificial intelligence (AI) could increase the risk of physical cyber attacks in the marine sector, a joint Insurance Day/Lloyd’s List podcast has heard. William Altman, director of cyber threat intelligence services at CyberCube, said AI-based coding tools could help “novice” threat actors exploit critical operational technology (OT) – which interfaces digital infrastructure
AI increasing physical cyber risk in shipping :: Insurance Day Read More »
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Waddell-Dudley joins the specialty re/insurer from IQUW Related Stories Global marine premiums climb to $39.9bn, despite offshore energy decline: Iumi Verisk puts Melissa insured losses at $2.2bn to $4.4bn Shipowners’ Club weighs in with rate hike
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Global marine premiums rose slightly in 2024, as steady results in the hull and cargo markets offset an 8% drop… Related Stories Inflation added around $250bn to US liabilities in 2015-24 Fidelis Insurance Group appoints UK CUO Global marine premiums climb to $39.9bn, despite offshore energy decline: Iumi
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Insurers are increasingly scrutinising the PFAS liability landscape, and are likely to demand more robust disclosures, risk assessments, and evidence… Related Stories The rise of ‘forever chemicals’ pose liability challenges for insurers US federal government shutdown creates opportunities for private flood insurers Everest Group shares fall 11% amid US casualty reserve challenges
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Claim frequency is falling, but severity rising, report finds Related Stories Daily Digest: Verisk estimates Melissa loss, Gallagher Re launches Apac cyber framework, Global marine premiums climb Global marine premiums climb to $40bn Inflation added around $250bn to US liabilities in 2015-24
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Catch up on the essential news and analysis from the Insurance Day experts Related Stories Global marine premiums climb to $40bn Inflation added around $250bn to US liabilities in 2015-24 Fidelis Insurance Group appoints UK CUO
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Shipowners’ Club weighs in with rate hike :: Insurance Day Read More »