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Gaps in digital inventory can increase an organization's risk of suffering a cyberattack and hinder the recovery process.

Around one-third of risk management experts say cyber is the biggest risk. Business interruption followed closely behind.

The trend in recent years has been for catastrophe losses to increase by 5% to 7% annually, the reinsurer reported.

Many insurance companies have paused insuring in Florida until they have a better handle on their losses from the hurricane, says Joseph Gendelman, president and CEO of Bruce Gendelman Insurance Services.

While no year is a good one to have a major storm cripple U.S. Gulf crude and gasoline output, the impact in 2022 would have been disastrous.

National Flood Insurance Program and private insurance losses are expected to range from $8B-$18B, according to CoreLogic.

S&P Global Ratings reported that the insurance industry should be able to manage insured losses.

Hurricane Ian, one of the costliest storms in U.S. history, is expected to result in $70B-$120B in economic damages.