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A report found that cyber insurance covered only 18% of businesses across the world for all cyber risks, CPO Magazine reported. The report by France-based consultancy firm Capgemini S.E. and fintech association Efma found that insurers tend to lag behind while providing comprehensive cyber insurance and covering emerging threats.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees