Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Cyber insurance rapidly becoming essential for companies

Reprints

Cyber insurance is rapidly becoming essential for firms in India who have a presence online, reported mydigitalfc.com.

A report by Allianz Global Corporate & Specialty S.E. found that Indian businesses lose $4 billion as a result of cyber attacks and the amount is growing exponentially each year. "With increasing awareness about vulnerability of attack, cyber insurance is on an upswing and we are seeing yearly growth of 100%, both in terms of clients and premium," said an official at India's HDFC ERGO General Insurance Ltd.

Read more