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”.

International

Cyber war exclusions closely watched by insureds as risk of cyberattacks soars

December 01, 2022 Reprints

Jean Bayon de La Tour, head of cyber for Marsh and McLennan Cos Inc. in continental Europe, said that insurance buyers are growing more concerned about new cyberwar exclusions, as risk of state-sponsored cyber attacks surges, Commercial Risk reported. While many insurers are opting to trigger the war exclusion clauses to avoid payouts, there are several “ambiguous terms” which may support the insureds.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Munich Re names new regional chiefs
3. Tycoon gets death sentence for multi-billion-dollar fraud
4. UAE flash floods likely to be manageable for insurers
5. Chinese drone maker suffers major data breach
6. Inflation drives 10% increase in sum insured for windstorms

Help

Cyber war exclusions closely watched by insureds as risk of cyberattacks soars

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources