-

AM Best to Host Briefing on Cyber Insurance Trends; Industry Panel to Discuss Top Risks and How to Mitigate Them

OLDWICK, N.J.--(BUSINESS WIRE)--A panel of AM Best analysts and industry experts will discuss trends in the cyber insurance segment in an online briefing scheduled for Thursday, July 25, 2024, at 10:00 a.m. EDT.

Topics during the Best’s Briefing, titled, “Cyber Insurance Market – Providing Dynamic Solutions for a Fast-Paced Risk,” will include current and prospective pricing conditions, growth prospects and the leading risks facing the market, as well as how participants are tackling risks through underwriting, risk modeling, reinsurance and ILS. AM Best recently assigned a stable market segment outlook to the global cyber insurance market, citing greater demand and potential for further market growth.

Miguel Canals, senior vice president, cyber treaty underwriter, Munich Re; Chris Mee, managing director, Aon; and Alex Tenenbaum, director of services, CyberCube, will join Christopher Graham, senior industry analyst, AM Best, on the panel. Sridhar Manyem, senior director, Industry Research and Analytics, AM Best, will moderate.

To register for the briefing, please visit the event and registration webpage.

AM Best also has released its annual review of the U.S. cyber insurance market. Issues explored in the Best’s Market Segment Report, include premium growth trends and key concerns such as systemic risk, risk aggregations and artificial intelligence.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by AM Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Industry:

AM Best

Release Versions
English
Hashtags
#insurance

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Social Media Profiles
AM Best Rating Services on LinkedIn
AM Best Ratings Twitter
AM Best Co.
AM Best on YouTube
More News From AM Best

AM Best Comments on Credit Ratings of MAPFRE S.A.’s Rated Operating Subsidiaries Following Announced Acquisition of Safety Insurance Group, Inc.

AMSTERDAM--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of MAPFRE S.A.’s (MAPFRE) rated operating subsidiaries remain unchanged following the announcement that MAPFRE U.S.A. Corporation (MAPFRE USA) has entered a definitive agreement to acquire Safety Insurance Group, Inc. (Safety), a property/casualty insurer with a leading market position in Massachusetts and a presence in several states in the Northeast United States.MAPFRE’s rated operating subsidiaries have a Fin...

AM Best Places Credit Ratings of Safety Insurance Group, Inc. and Its Key Subsidiaries Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Collectively, these companies are referred to as Safety Group. At the same time, AM Best has placed under review with developing imp...

Best's Market Segment Report: AM Best Maintains Stable Outlook on Insurance Markets of Gulf Cooperation Council

LONDON--(BUSINESS WIRE)--AM Best is maintaining its outlook for the insurance markets of the Gulf Cooperation Council (GCC) at stable.In its new Best’s Market Segment Report, “Market Segment Outlook: Gulf Cooperation Council Insurance”, AM Best notes that while GCC insurers remain vulnerable to second-order effects from the Middle East conflict, strong performance and healthy risk-adjusted capitalisation leave many of them well-positioned to withstand geopolitical headwinds, although the impact...
Back to Newsroom