AI cyber risks outpacing insurers’ ability to price and model exposures, Lockton Re warns

Systemic vulnerabilities, regulatory uncertainty and generative AI-driven losses are challenging the insurability of cyber risk, broker says

ARTIFICIAL intelligence (AI) is creating a new class of cyber risk that insurers are struggling to price, model and contain, as systemic exposures and regulatory uncertainty threaten to outpace existing policy frameworks, according to Lockton Re’s latest cyber AI white paper.