Is ‘Silent’ cyber: unintended, or unpriced?

Spotlight on Cyber Report

Did you know that cyber exposures accumulating in the US property insurance market could result in $12.5bn in non-physical damage losses and could cause certain carriers’ capital adequacy ratios to deteriorate? According to a new study conducted by CyberCube, AM Best and Aon, sufficient cyber risk is accumulating in the US property market to trigger a one-in-100-year loss of $12.5bn.

Spotlight on Cyber: A study of aggregation risk in the US property insurance market aims to quantify the cyber exposures accumulating in the US property.

In this report, you will learn more about how to:

Financially quantify the extent of potential cyber-related business interruption/contingent business interruption (BI/CBI) and data restoration costs in the US small business commercial property market

Outline potential ratings implications from latent cyber risk in property policies

Highlight some best practices to manage these risks.

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