-
The report predicts a 1-in-250-year cyber event could see over $100bn in losses. -
Portfolios of clients of varying size in the same region aggregate more risk.
-
Small and medium businesses now comprise 45% of cyber market exposure.
-
Predicted market pricing corrections have yet to be seen broadly.
-
The figure represents a quarterly increase of 102%.
-
Sanchez will report to Carolina Carmona, LSM’s head of financial lines in south Florida.
-
The top four lines posted low-single digit to high-single digit policy count growth.
-
Manufacturing now accounts for 41.7% of all claims, from 15.2% previously.
-
The July downtime will increase relevance, demand and innovation for the market.
-
The CEO said he expects cyber rates to start flattening post-loss.
-
-
The broker said less than 1% of companies globally with cyber insurance were impacted.
