Cyber insurance remains a work in progress when it comes to assessing the risks carriers face and providing a clear and comprehensive set of products and services to attract more buyers.
P&C insurers may have their hands full in 2017 coping with a host of challenges, but that doesnt mean they dont have significant opportunities for growth and operational transformation this year and beyond.
The reinsurance deal transfers liabilities on certain U.S. policies from 2015 and earlier. The coverage involves so-called long-tail policies, in which claims can emerge years after a policy is issued.