Quick links:
11

Global cyber insurance market to more than quadruple 2023

Open-access content Wednesday 29th November 2017

The global cyber insurance market was valued at $3.4bn (£2.5bn) last year, but is set to more than quadruple to $16.9bn by 2023.

2

The rise in cover is expected to be fuelled by firms' fear that their reputation could be damaged if they suffer a cyber attack. Read the full article on our Predictions site here
This article appeared in our November 2017 issue of The Actuary .
Click here to view this issue

You may also be interested in...

2

SME insurance market set for digital transformation

Small firms are increasingly looking to interact with their insurers online, suggesting the market is set to experience a similar digital transformation to the one seen for personal insurance.
Monday 4th December 2017
Open-access content
2

Boosting tech skills could 'super-charge' UK GDP

Enhancing the next generation’s technology skills has the potential to drastically boost social mobility and economic growth, according to a new report by BT and Accenture.
Monday 20th November 2017
Open-access content
2

Failure to adopt proven technologies costing UK economy £100bn

The UK economy could receive a £100bn boost if firms were to more widely adopt tried-and-tested technologies like the cloud, according to report released today by the Confederation of British Industry.
Monday 13th November 2017
Open-access content
2

Actuaries warned of legal threat to ignoring climate-related risks

It is increasingly likely that actuaries and investment consultants could face legal action should they fail to recognise the financial implications of climate risks.
Wednesday 29th November 2017
Open-access content
2

BoE warns of threat to cross-border insurance contracts post-Brexit

Millions of people living in the EU and the UK could see their insurance policies become redundant without a political agreement during Brexit negotiations.
Tuesday 28th November 2017
Open-access content
2

Millennials set to enjoy similar pensions to baby boomers

Young adults should receive similar retirement incomes to today’s pensioners, despite widespread pessimism among millennials about their financial futures.
Tuesday 28th November 2017
Open-access content

Latest from November 2017

2

CBI warns of 'sluggish' GDP growth

UK GDP is expected to grow at a rate of 1.5% this year and next before falling to 1.3% in 2019, according to forecasts released today by the Confederation of British Industry (CBI).
Monday 4th December 2017
Open-access content
2

Investment management efficiencies could slash pension costs by third

Sharing administration and transaction resources between investment managers could save a typical defined benefit (DB) pension fund £700,000 a year in fees.
Friday 1st December 2017
Open-access content

Annual funding shortfall of £1bn found in social care system

The UK’s social care sector is being propped up by care homes charging those that can afford to pay for themselves more than the fees paid by councils to fund residents.
Thursday 30th November 2017
Open-access content

Latest from small_opening_image

2

COVID-19 forum for actuaries launched

A forum for actuaries has been launched to help the profession come together and learn how best to respond to the deadly coronavirus sweeping the world.
Wednesday 25th March 2020
Open-access content
2

Travel insurers expect record payouts this year

UK travel insurers expect to pay a record £275m to customers this year as coronavirus grounds flights across the world, the Association of British Insurers (ABI) has revealed.
Wednesday 25th March 2020
Open-access content
2

Grim economic forecasts made as countries lockdown

A sharp recession is imminent in the vast majority of developed and emerging economies as the deadly coronavirus forces businesses to shut down across the world.
Tuesday 24th March 2020
Open-access content

Latest from short_item_with_links

2

The Actuary Puzzles February 2020

February puzzles and solutions.
Friday 31st January 2020
Open-access content
2

The Actuary Puzzles December 2019

December puzzles and solutions.
Thursday 28th November 2019
Open-access content
2

The Actuary Puzzles November 2019

November puzzles and solutions.
Tuesday 5th November 2019
Open-access content

Latest from 11

2

CBI warns of 'sluggish' GDP growth

UK GDP is expected to grow at a rate of 1.5% this year and next before falling to 1.3% in 2019, according to forecasts released today by the Confederation of British Industry (CBI).
Monday 4th December 2017
Open-access content
2

Investment management efficiencies could slash pension costs by third

Sharing administration and transaction resources between investment managers could save a typical defined benefit (DB) pension fund £700,000 a year in fees.
Friday 1st December 2017
Open-access content

Annual funding shortfall of £1bn found in social care system

The UK’s social care sector is being propped up by care homes charging those that can afford to pay for themselves more than the fees paid by councils to fund residents.
Thursday 30th November 2017
Open-access content