October 5th, 2018

Week’s Top Stories: September 29 - October 5, 2018

Posted at 10:00 AM ET

Cybersecurity Awareness: On the start of the 15th National Cybersecurity Awareness Month in the United States, GC Capital Ideas has collected our recent articles that offer insights into this very critical risk. Cyber risk and security will remain a top priority for the foreseeable future. In addition to hackers and cyber criminals continuously developing new methods of attack, state-sponsored cyber-attacks have occurred according to the U.S. government.

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Marsh & McLennan Cyber Resilience Insights Microsite: As we enter National Cybersecurity Awareness Month, a new resource from Marsh & McLennan Companies collates the best insights on cyber resilience from across the firm and its strategic cyber partnerships.

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Guy Carpenter appoints Head of Cyber Centre of Excellence for International and Global Specialties: Guy Carpenter announced the appointment of Siobhan O’Brien as Head of the Cyber Centre of Excellence for International and Global Specialties, with effect from October 1.

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Super Typhoon Trami: In the West-Pacific Basin, Typhoon Trami made landfall in the city of Tanabe, Japan (Wakayama prefecture) on 30 September at around 11 UTC (8 PM local time), according to media reports. Before reaching Honshu, the typhoon had rendered considerable impacts while making close approach to Okinawa, Kyūshū and Shikoku Islands. Trami brought significant flood impacts as a result of heavy rainfall and storm surge, as well as variable property damage due to wind.

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Chart: Significant Insured Losses 2011–2Q2018: Chart exhibits the significant insured losses from 2011 through the second quarter of this year.

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And, you may have missed..

Finding the ‘Right’ InsurTech – The Efficient and Insurance-centric Strategy: The transformational advances that have impacted nearly everything we do are quickly catching up with the insurance industry and the urgency to further automate and integrate technology into the business is rapidly rising.

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