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Reinsurance News: Pool Re upsizes retrocession program to £2.1bn, includes cyber terror

Pool Re, the UK reinsurance pool, has renewed cyber terrorism insurance based on a study by the Centre for Risk Studies. The study identified 40 potential cyber terrorism scenarios which may impact a UK terrorism insurance portfolio. The report looked…

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You Talk Insurance: Pool Re plans to increase risk mitigation service

Reinsurer Pool Re is looking at how to help policyholders mitigate risks before they have occurred. The company announced last year that it will begin providing cyber terrorism insurance based on a study by the Cambridge Centre for Risk Studies…

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Financial Times: AI underwriting startup Cytora received £4.4m funding

Cytora, an artificial intelligence company, announced a new £4.4 million funding round. Cytora CEO Richard Hartley said: “We are moving the insurance industry to a point where you can deliver a superior underwriting profit while reducing the need to ask…

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Reuters: UK terrorism reinsurance fund to include cyber coverage from next year

Reinsurer Pool Re from next April will begin providing cyber terrorism insurance based on a study by the Cambridge Centre for Risk Studies at Cambridge Judge. The study identified 40 potential cyber terrorism scenarios which may impact a UK insurance…

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Cyber risks

The loss of sensitive information gets all the headlines, but lesser-known threats from cyber attacks also deserve attention, say risk experts at Cambridge Judge Business School conference. News headlines are full of reports about the privacy risks of hacking and…

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2017 brainfood cyberrisks 883x432 1

Professor Haresh Shah, Institute of Catastrophe Risk Management: Mitigating risk for those at the bottom of the pyramid

The human dimension of risk is an important and under-explored aspect of risk management issues. How we perceive risk, and understanding patterns of behaviour and seeing how these relate to the processes of decision-making and policy development needs greater exploration.…

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2011 podcast shah mitigating risk

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