Reinsurers see cyber risk as a necessary area to offer capacity to meet the growing demand on primary insurers from clients and despite the prevalence of data breaches, the reinsurance industry should be able to meet the need, according to a new report from Aon.
“While there is still headline risk from recent data breaches such as Anthem, Inc., Premera Blue Cross, Experian / T-Mobile, and Ashley Madison, it still remains an opportunity for many who are willing to invest in resources to understand the dynamics of cyber as a peril and product,” noted Aon in its report.
Read more at http://www.advisenltd.com/2016/01/12/cyber-represents-growth-area-for-reinsurers-aon-report/
Ayers, Erin. “Cyber represents growth area for reinsurers: Aon report.” Advisen. Advisen Store, 12 January 2016. Web. 18 January 2016.
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