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Silent cyber added to Willis Re’s cyber portfolio management tool PRISM-Re

Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include silent cyber. The innovative 2018 update to PRISM-ReTM offers the insurance market access to the stochastic modelling of cyber losses on a worldwide basis, arising from insurance policies not specifically designed to cover cyber risk.

Global (re)insurance market weathers one of the worst loss years on record: Willis Re 1st View

With recent catastrophe loss estimates in the region of US$136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View renewals report from Willis Re.