Spotlight on Cyber

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 market and calls for further clarification of cyber cover in commercial property policies, explicit underwriting and adequate pricing of the risks associated with cyber events in property policies.

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The global economy is becoming increasingly reliant on an interconnected digital infrastructure. The US economy, in particular, is heavily dependent on Internet-connected devices for efficient functioning of all aspects of the supply chain. This reliance on the Internet has the potential to disrupt ‘business-as-usual’ through cyber attacks that can impact individual companies as well as spread quickly and widely throughout industries across the globe.

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