Big numbers grab headlines. By this thinking, cyber shouldn’t be much of an issue this year for the global reinsurance and insurance-linked securities (ILS) market. Last year, the cyber sector had to wrestle with the large NotPetya cyber catastrophe loss. But many ILS practitioners believe that ILS capital could ultimately solve many problems in this sector—so they are watching its development closely.
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12 September 2018 Tom Johansmeyer, assistant vice president at PCS, has stressed that cyber attack re/insurance is important—but that it needs to be viewed in a proportional and subjective manner.
31 May 2018 The global cyber insurance market is a mess right now, argues Tom Johansmeyer of PCS, Verisk Insurance Solutions, while debating potential consequences and solutions.