"Ultimately cyber insurance is going to demand a level of underwriting precision that is probably higher than any other form of insurance because of the nature of risk," Seth Rachlin, of Capgemini, said.  (Credit: Bronte Wittpenn/Bloomberg)

The overall damage dealt by the SolarWinds incident is still be determined, but the event could send shockwaves through the cyber insurance market, as it highlights the massive exposures this sector must contend with as hackers revamp their approaches.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]