Reinsurers collaborate to consistently define what constitutes a major event.

Rates in Canada decrease three per cent on average.

External scanning to remove the worst risks results in notable loss ratio declines.

Fewer businesses hit by cybercrime in 2023, but consequences were more severe.

Current threats, liabilities and policy underwriting examined.

Reinsurers and brokerage firm collaborate to develop new cyber risk model.

Brokers can use this example to better explain to SMEs why they need cybersecurity insurance, say three experts.