Tag: crisis management

S&P Global reports profitability return in global cyber insurance market, as reinsurers emerge crucial for growth

S&P Global reports profitability return in global cyber insurance market, as reinsurers emerge crucial for growth

Profitability has returned to the global cyber insurance market following two years of rate increases and tightening terms and conditions, S&P Global outlined in a recent publication. This comes as annual premiums reached about US$12 billion at year-end 2022, and…

cybersecurity crisis

EU Council gets closer to setting up a joint cyber unit to boost cybersecurity crisis management framework

The European Union Council is set to adopt conclusions that will help further develop the EU cybersecurity crisis management framework, including by exploring the potential of a joint cyber unit, among the EU and its member states to tackle the…