Fri, 10th Jan 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Fri, 10th Jan 2025" was published on January 9, 2025.

January 9, 2025 · Insurance News Wrap

0:00 / 0:00

Summary

In this episode of Financial Services Online, host Paige Estritori discusses the ongoing evolution of the insurance industry in an increasingly digital age. The primary focus is on the intriguing adoption of Catastrophe Bonds for cyber risk management. Despite the exponential growth of cyber insurance premiums over the past years, the industry still struggles to effectively insure against the unpredictable nature of cyber losses. Hence the introduction of Catastrophe Bonds, a financial instrument that pays out in the event of a cyber attack. A case study from Insurance News Magazine about an insured jewellery disagreement involving QBE underscores the importance of understanding policy terms and the complex reality of insurance claims. Key takeaway: whether insuring against cyber risks or tangible assets, the correct instruments and comprehension of policy terms are essential.

Episode Description

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

New Health Insurance News Podcasts – New Health Insurance News Michael's Insurance Podcast Michael Young A short-form podcast that covers insurance news, cases, tips and other thoughts by Michael Young, an insurance coverage and bad faith lawyer in St. Louis.michaelyoungstl.comThe choice of a lawyer is an important decision and should not be based solely upon advertisements. Silver Lining Safety - Safety Bytes West Bend Mutual Insurance As an insurance company, we understand how important your business is to you. In this weekly podcast, we’ll give you information on business safety and loss prevention best practices, provide resources to keep you and your employees safe and share the latest insurance news. Opinions in this podcast may not apply to all listeners. Be sure to consult with a qualified safety professional before making any changes to your business. To recommend topics, please email us at [email protected].