This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

AM Best: Insurers Reassessing Cyberrisk Due to Ransomware, Aggregation Risks

First-quarter cyber insurance premiums rates rose 18% as insurers are seeing the containment and defense costs of ransomware may outpace the actual ransom, said Christopher Graham, senior industry . . .

-- This content requires registration --

Already registered?

Not registered?

Register for free

Cyber Liability Claims Kidnap Ransom Insurance

Reprints & Redistribution

Latest News

EARNINGS
Cincinnati Financial More Than Doubles 1Q Net Income to $755 Million
Apr 25, 2024 05:29 PM (EDT)

EARNINGS
Hartford Financial First-Quarter Profit Surges on Commercial Lines, Investment Gains
Apr 25, 2024 05:09 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company
Apr 25, 2024 04:07 PM (EDT)

CLIMATE
Net Zero Panel Replaced by UN's Forum for Insurance Transition to Net Zero
Apr 25, 2024 04:02 PM (EDT)

EARNINGS
Donegal CUO: Workers' Comp Reserves Built Up After Routine '22, '23 Case Reviews
Apr 25, 2024 03:44 PM (EDT)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Revises Issuer Credit Rating Outlook to Positive for Southern Farm Bureau Life Insurance Company
Apr 24, 2024 08:14 AM (EDT)

2

EARNINGS
Chubb Posts First-Quarter Profit Hike as Property/Casualty, Life Earnings Rise
Apr 23, 2024 05:11 PM (EDT)

3

EARNINGS
W.R. Berkley CEO Sees Social Inflation-Fueled Pressure From Reinsurers
Apr 23, 2024 04:43 PM (EDT)

4

LIFE INSURANCE
Globe Life Launches Audit, Cooperates With Federal Subpoena After Investor Allegations
Apr 23, 2024 03:35 PM (EDT)

5

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of American Capital Assurance Corp; Places Ratings Under Review with Negative Implications
Mar 05, 2021 04:28 PM (EST)

1

CALIFORNIA
Tokio Marine America, Trans Pacific Latest To Exit From California Homeowners
Apr 19, 2024 04:07 PM (EDT)

2

PROPERTY AND CASUALTY INSURANCE
Progressive To Sell Office Buildings as Shift to Remote Work Cuts Need for Space
Apr 19, 2024 02:42 PM (EDT)

3

LOSSES
Allstate Estimates $731 Million in First-Quarter Pretax Cat Losses
Apr 18, 2024 02:37 PM (EDT)

4

BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Stable for Trisura Group Ltd. Members; Comments on First Founders Assurance Company
Apr 18, 2024 11:09 AM (EDT)

5

PEOPLE IN INSURANCE
United Educators Insurance Names Successor to Retiring President-CEO
Aug 09, 2023 11:34 AM (EDT)

1

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

2

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

3

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

ELECTIONS 2010
North Carolina Commissioner Races Competitive on Both Sides
Mar 01, 2024 11:28 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html