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The airlines, healthcare and financial services industries were some of the sectors affected by the outage. -
The broker warned that D&O and P&C policies could also be impacted by the outage.
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CrowdStrike has an estimated 15%-25% market share among large companies.
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A quick round-up of today’s need-to-know news, including the Microsoft outage and Travelers' results.
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The incident highlights the aggregation risk around cloud service reliance.
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Average rate increases went to 5.6% in June 2024 from 28.2% in June 2023 .
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The Longtail Re deal buys the specialty insurer time to secure its future, or an exit for shareholders.
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The promotions will help TransRe strengthens its cyber focus.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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The all-items CPI increased 3% year-over-year, down from 3.3% in May.
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Stable first half insufficient to counterbalance concerns on reserving trends.
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Former Chesterfield managing director James Stevenson moves to exec chair.
