Author Archive



June 22nd, 2018

Week’s Top Stories: June 16 - 22, 2018

Posted at 10:00 AM ET

Guide to Cyber Coverage Options: Cyber Risk Management: Response and Recovery, the new report from Marsh & McLennan’s Global Risk Center and WomenCorporateDirectors, includes a Guide to Cyber Coverage Options.

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Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs: As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

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Preparedness to Manage Risks: A majority of organizations are prepared to manage risks as a result of increased use of technology, although a few report being significantly prepared. Although treasury and finance professionals are cognizant that increased use of technology will also increase risk exposure, not all organizations are actively addressing the urgency and criticality of being prepared to manage these risks.

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Captives Offer Access to Capital: Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism.

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Chart: Global Property Catastrophe ROL Index: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018.

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And, you may have missed…

Standalone Terrorism Insurance Remains Competitive: Unlike coverage under the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is normally made available within annual “all-risk” property policies, a standalone property terrorism insurance policy does not require the government to certify an act of terrorism in order for a claim to be paid.

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June 21st, 2018

Captives Offer Access to Capital

Posted at 1:00 AM ET

Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism.

Continue reading…

June 20th, 2018

Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs

Posted at 1:00 AM ET

As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

Continue reading…

June 19th, 2018

Preparedness to Manage Risks

Posted at 1:00 AM ET

A majority of organizations are prepared to manage risks as a result of increased use of technology, although a few report being significantly prepared. Although treasury and finance professionals are cognizant that increased use of technology will also increase risk exposure, not all organizations are actively addressing the urgency and criticality of being prepared to manage these risks.

Continue reading…

June 18th, 2018

Guide to Cyber Coverage Options

Posted at 1:00 AM ET

Cyber Risk Management: Response and Recovery, the new report from Marsh & McLennan’s Global Risk Center and WomenCorporateDirectors, includes a Guide to Cyber Coverage Options.

Continue reading…

June 15th, 2018

Week’s Top Stories: June 9 - 15, 2018

Posted at 10:00 AM ET

Standalone Terrorism Insurance Remains Competitive: Unlike coverage under the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is normally made available within annual “all-risk” property policies, a standalone property terrorism insurance policy does not require the government to certify an act of terrorism in order for a claim to be paid.

Read the article >>


A Heightened Focus on Cyber Response and Recovery: Over a third of directors of U.S. public companies now discuss cybersecurity at every board meeting. Cyber risks are being driven onto the agenda by high-profile data breaches, distributed denial of services (DDoS) attacks and rising ransomware and cyber extortion attacks. The concern about cyber risks is justified. The annual economic cost of cyber-crime is estimated at USD 1.5 trillion and only about 15 percent of that loss is currently covered by insurance.

Read the article >>



Threat Trends on Major Cyber Attacks in 2017: The Marsh & McLennan Companies Cyber Risk Handbook 2018 is published.

Read the article >>


Getting Practical with Emerging Risks: Widespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. Yet, many companies are unsure what practical steps they should be taking with regard to major strategic uncertainties and potential shocks.

Read the article >>


Chart: Global Property Catastrophe ROL Index: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018.

View the chart >>



And, you may have missed…

Guy Carpenter Licenses First-of-its-Kind Cyber Risk Modeling Platform from CyberCube Following Strategic Alliance: Guy Carpenter today announced that its two year strategic relationship with CyberCube Analytics, formerly part of Symantec Corporation, has produced the industry’s first cyber risk modeling platform with an inside-out view of cyber risk exposure.

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Click here to register to receive email updates >>

June 14th, 2018

Threat Trends on Major Cyber Attacks in 2017

Posted at 1:00 AM ET

The Marsh & McLennan Companies Cyber Risk Handbook 2018 is published.

Continue reading…

June 13th, 2018

Getting Practical with Emerging Risks

Posted at 1:00 AM ET

containersWidespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. Yet, many companies are unsure what practical steps they should be taking with regard to major strategic uncertainties and potential shocks.

Continue reading…

June 12th, 2018

A Heightened Focus on Cyber Response and Recovery

Posted at 1:00 AM ET

Over a third of directors of U.S. public companies now discuss cybersecurity at every board meeting. Cyber risks are being driven onto the agenda by high-profile data breaches, distributed denial of services (DDoS) attacks and rising ransomware and cyber extortion attacks. The concern about cyber risks is justified. The annual economic cost of cyber-crime is estimated at USD 1.5 trillion and only about 15 percent of that loss is currently covered by insurance.

Continue reading…