The soft market in the US cyber insurance market will persist but may be tempered by emerging geopolitical tensions, expects Amwins, which also said that recent high-profile incidents have only had a “somewhat muted” impact.

Less than half (45 percent) of leaders at large and mid-sized UK businesses believe their cyber insurance cover is effective in reducing losses in the event of cyber incident, a new study by Resilience has found.

Economic threats continue to "overshadow" cyber and climate risks among global executives, a new survey by the World Economic Forum has found, although extreme weather entered the top five risks among G20 countries this year.

Former Coalition executive Madison Mooney has joined Tokio Marine HCC – cyber & professional lines group (CPLG) as director of business development.

Michael Berger, head of Insure AI at Munich Re, has emphasised that while aggregation risks are present in artificial intelligence (AI) insurance lines, these risks are calculable and manageable, while speaking to The Insurer.

Aon has appointed former Cyber Re Limited and Platform Labs CEO Robert O’Connell as global cyber strategy and growth leader for its reinsurance solutions business.

Austin, Texas-based anti-ransomware company Halcyon has secured $100mn in a Series C funding round led by Evolution Equity Partners, pushing its total funding to $190mn and valuing the company at $1bn.

San Diego-based endpoint detection and response company Cybereason has appointed former Kroll executive Leonardo Saraceni as head of marketing for its consulting arm.

Tokio Marine Kiln (TMK) has expanded its footprint in Singapore with the appointment of Georgina Furness-Smith as cyber underwriter for the Asia Pacific region.

The CrowdStrike outage in July will prompt insurers to review cyber policy wordings and coverage for systemic or supply chain incidents at upcoming renewals, according DAC Beachcroft.

(Re)insurers are facing escalating risks from unplanned technology outage events such as cloud service provider outages, CyberCube has warned in its latest global threat briefing.

Specialty insurer CFC is launching a new solution designed for mid-sized multinational tech companies.

Lloyd's CEO John Neal has warned that question marks remain over underwriting practices in specialty lines, at a time when boards are increasingly focusing on insurance amid growing concerns around the risks posed by technology, geopolitics and climate.

New data on fast-evolving risks is cascading into the insurance market. New thinking about risk may be a little slower, writes William Pitt.

New York-based wholesaler Jencap Group has partnered with SYBA, a cyber risk management platform, as its US exclusive distribution partner for high-net-worth individuals and family offices.