Dual Europe has launched a new cyber product along with an incident prevention and management solutions offering.

Increased requirements around the management of information and communication technology (ICT) risks under the Digital Operational Resilience Act, which took effect in the EU today, may lead to an increase in cyber insurance take-up for in-scope organisations.

Independent insurance underwriting and wholesale brokerage group XS Brokers (XSB) has created a new product division for cyber liability to be led by senior vice president Scott Burns.

Pricing trends in the private D&O segment remained slightly negative in Q4 with soft market conditions expected to continue through 2025, but in cyber the impact of rising claims frequency will likely trigger a shift in soft market dynamics in the second and third quarters of the year, according to CRC.

The Court of Appeals for the Sixth Circuit has affirmed a lower court’s ruling that retail giant Home Depot is not entitled to $50mn of coverage on liability policies issued by Zurich and Great American for a settlement related to a cyber breach in 2014.

The Federation of European Risk Management Associations (Ferma) has highlighted the energy transition, cyber resilience and economic security as its key policy priorities to contribute to the Polish presidency of the Council of the EU.

Misinformation and disinformation has topped the short-term risk outlook of the World Economic Forum’s (WEF) Global Risks Report for the second year running, with the long-term risk landscape continuing to be dominated by environmental concerns.

CFC has appointed DWF Law’s Matthew Glenville as group chief operating officer.

Cyber incidents, including ransomware attacks and data breaches, have topped the latest Allianz Risk Barometer survey globally for the fourth consecutive year.

CFC’s USA chief executive Shannon Groeber has left the company in a move that brings her near five-year stint with the London-based MGA to an end, Cyber Risk Insurer can reveal.