This study is the first systematic discussion of potential risk transfer options for cyber risks. We compare several risk transfer options, including insurance, reinsurance and alternative risk transfer. Moreover, we discuss the potential role of the government and the capacity of insurance...

Cyber Risk stellt eines der grossen neuen Risiken des 21. Jahrhunderts dar. Wir analysieren das Management dieser neuen Risikoart und nehmen eine Einschätzung zur Versicherbarkeit vor. Zu diesem Zweck begutachten wir die bestehende Literatur und nehmen Befragungen unter Kunden und Anbietern von...

Cyber risk insurance has been introduced for more than two decades in the United States, yet the insurance market for cyber risk is tiny amounting to 1% ($6.5 billion) of premiums in the U.S. property-casualty insurance market in 2021. In this paper, we analyze what constrains the insurance...