-

Best’s Review® Releases Digital Supplement on Cyber Insurance

OLDWICK, N.J.--(BUSINESS WIRE)--Best's Review magazine has released a new online supplement that explores the challenges, predictions and current state of cyber insurance. Read Now.

The supplement features stories on:

  • The outlook assignment and factors shaping the global cyber market.
  • Emerging threats that healthcare organizations need to address as the industry becomes increasingly interconnected, including hospital shutdowns, compromised patient data and more.
  • A flawed cybersecurity software update in July from technology company CrowdStrike that led to widespread computer outages as well as disruptions to airlines, healthcare providers and other enterprises.
  • A purchase of nearly $500 million of cyber risk ILS by investors through four cat bonds via private placement (144A) and three other private placements.

In addition to providing expert insight from industry leaders around the globe, the supplement includes a list of insurance companies writing stand-alone identity theft insurance and stand-alone cybersecurity insurance. Information is drawn from AM Best's BestLink® database, a powerful online platform that provides access to Best's Insurance Reports®, Best's Financial Suite and Best’s Alert Service, as well as tools for sophisticated research and analysis.

Best's Review releases several online supplements each year, and advertising opportunities are still available. To learn more, contact the AM Best Advertising Services Business Development team at advertising_sales@ambest.com or +1 908 882-1706.

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 A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882-2102
lee.mcdonald@ambest.com

AM Best


Release Versions

Contacts

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882-2102
lee.mcdonald@ambest.com

More News From AM Best

Best’s Insurance Law Podcast Examines How to Navigate Toxic Tort Litigation

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective. The latest episode features Dr. Ernest Chiodo, who discusses elements that must be proven in toxic tort litigation and what types of experts are necessary in these cases. Dr. Ernest Chiodo is a qualified member in Best’s Insurance Professional Resources, which has feat...

AM Best Assigns Credit Ratings to New England Indemnity Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to New England Indemnity Company (NEIC) (Bedford, NH). The outlook assigned to these Credit ratings (ratings) is stable. The ratings reflect NEIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The balance shee...

Best’s Market Segment Report: AM Best Revises Global Reinsurance Outlook to Stable from Positive, Notes Accelerated Softening in Property Pricing

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised its outlook for the global reinsurance segment to stable from positive, citing an acceleration of reductions in property reinsurance pricing and continuing challenges in the U.S. casualty space as being among its key considerations. While there has been some loosening in terms and conditions, the newly issued report notes that higher retentions imposed upon ceding companies in recent years have largely held, which AM Best views as a favorable...
Back to Newsroom