The insurance industry has been asked by Lloyd’s, regulators, and its own senior management to understand its exposure to this type of cyber risk. To address this, AIR has developed a comprehensive database of industry exposures that provides the information insurers need for accurate modelling and has used it to form the basis of the alternative modelling approach described in this report. The results of this cloud downtime scenarios analysis could help insurance managers gain insights into how to grow their cyber business in a controlled and prudent manner.

This is the North American section of the Lloyd’s City Risk Index.

This paper provides the Middle East and African insights from the Lloyd’s City Risk Index.

This is the Latin American focussed section of the Lloyd’s City Risk Index.

From the report, “The second Lloyd’s City Risk Index, based on original research by the Centre for Risk Studies at Cambridge University’s Judge Business School, details the risk landscape in the world’s leading 279 cities, responsible for 41% of global economic output in 2018. The data contained in this report will help policymakers, businesses and insurers make cities more resilient. Risk is managed most effectively by societies who anticipate and learn from each disruptive event, making the next generation safer.” Read on to find out more.

This report provides the Asia Pacific focussed section of the Lloyd’s City Risk Index.

This report summarizes Lloyd’s City Risk Index report for the cities of Europe.

This report explores how a ransomware attack might take place and what the impacts would be on governments, businesses, and the insurance sector. In the scenario, the malware enters company networks through a malicious email, which, once opened, encrypts all the data on every device connected to the network. The email is forwarded to all contacts automatically to infect the greatest number of devices. Companies of all sizes and in all sectors are forced to pay a ransom to decrypt their data or to replace their infected devices.

Lloyd’s City Risk Index 2015-2025, shows that trillions of dollars are at risk from manmade and natural disasters – disasters that have occurred in the past and are likely to do so again in the future. The nature of these threats is changing too. Certain extreme weather events linked to climate change are increasing in severity and frequency. Manmade threats, such as cyber attack and market crash, are increasingly significant as companies expand into new markets and territories.