Risk Management Magazine (11/23/2022)
Lloyd’s is now attempting to broaden the scope of the traditional war exclusion as it pertains to cyberattacks with requirements that standalone cyber policies include “a suitable clause excluding liability for losses arising from any state backed cyber-attack” in addition to any war exclusion already included in the applicable policy.  

Hispanic Executive (11/21/2022)
“If you tell me you’re worried about a catastrophe, well, I deal with those every single day,” the VP of risk management and insurance at MacAndrews & Forbes says matter-of-factly. “But if there’s a calamity, well, there’s something we need to identify and take a look at.”

PropertyCasualty360 (11/22/2022)
With an increase in transactions and spending comes a rise in risk for retailers, but there are still ways eCommerce businesses can prepare and protect themselves.

Insurance Journal (11/23/2022)
According to Fitch Ratings, reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, driven by insured losses of about US$120 billion in 2022 and the increasing frequency and severity of natural catastrophe claims.

Reuters (11/21/2022)
U.S. General Ben Hodges has long argued that civilian infrastructure is an essential pillar of military strategy, and stresses failing to protect against a cyber attack could impede NATO efforts to send military reinforcements to allies.

Insurance Journal (11/23/2022)
Insurance Journal has released its entertaining first single, "O Property O Casualty," from the first ever album of Insurance-themed holiday carols – "Have A Claims Free New Year" – due to be released Dec. 2 on Spotify.

PropertyCasualty360 (11/22/2022)
Due to bans on Russian oil, it is likely that Russia will have to utilize their own vessels to fill in the gaps. Who will insure those vessels, and what will that mean for potential claimants?

Reuters (11/14/2022)
The Global Shield, coordinated by G7 president Germany, aims to provide rapid access for climate-vulnerable countries to insurance and disaster protection funding after floods or drought.

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