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Cyber insurance is yet to evolve to the same levels as property cat: Swiss Re

September 12, 2023

During Swiss Re’s press briefing at RVS Monte Carlo 2023, Gianfranco Lot, Swiss Re’s Chief Underwriting Officer, Property & Casualty Reinsurance, explained that cyber insurance is yet to evolve to the same levels as property cat.

Within their property cat line, the reinsurance giant uses models that allows them to understand the overall aggregation risks more better.

However, Swiss Re is also continuing to invest into it’s cyber line of business as it continues to grow across the industry.

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