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Russia’s invasion of Ukraine was quickly followed by a downturn in ransomware events worldwide, a cyber risk expert has revealed

AM Best has affirmed the ratings of the captive insurer of ultimate parent Sony Group Corporation. AM Best said it had affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of PMG Assuranc...

Dan Frusciano has joined Liberty Mutual Insurance’s newly formed Global Risk Solutions global cyber office

Dan Rance is the new head of Resilience Bermuda and global head of large accounts

Two senior executives formerly with Bermudian-based Aspen Insurance are leading the newest syndicate at Lloyd’s

Hudson Structured Capital Management (Bermuda) Ltd has continued its investment in CyberCube by participating in a $50 million growth capital raise by the cyber risk analytics company. CyberCube said the capital came from investment funds managed by ...

Mosaic Insurance, the Bermudian-based global specialty insurer, has launched a pioneering platform powered by California-based Safe Security to help underwriters to evaluate cyber risk for brokers and insureds. Mosaic leverages Safe Security’s award-...

Mosaic Insurance is ramping up its global growth plan with the opening of an office in Frankfurt to meet high demand for cyber and transactional liability coverage through continental Europe. The office marks the sixth for the Bermudian-based global ...

Relm Insurance Ltd, the Bermudian-based specialty insurance carrier serving emerging industries, has inked a strategic partnership with cyber-risk analytics firm CyberCube to bolster its cyber underwriting business with advanced analytics, artificial...

Insurance buyers want to purchase customised cyber threat coverage rather than an off-the-shelf product, a panellist told an international audience at the NetDiligence Cyber Risk Summit at Hamilton Princess & Beach Club. Benjamin Vaughn, senior vice-...

Scam artists are duping online customers into paying for purchases but then failing to deliver them, according to police. The Bermuda Police Service have received several reports of victims making payments online for items advertised for sale on seve...

Apollo, the independent specialist insurer and reinsurer, has entered into a partnership with Envelop Risk, who will underwrite a new class of cyber reinsurance business within Apollo Syndicate 1971, with effect from the 2023 year of account. This ne...