![Tom Spurgeon profile photo 2023](/_r/421x421/static/2023-11/Spurgeon_Tom-6289web.jpg?t=1699955163)
Tom Spurgeon
Underwriting Manager - Financial Risks Reinsurance - Cyber, Personal Accident, Crisis Management and Contingency risks
London
Articles
![Man on laptop and phone. Cyber reinsurance image](/_r/832x832/static/2023-02/Cyber+Reinsurance_0.jpeg?t=1677502028)
Blog
The 2020s: what’s happened and what’s next?
We’ve learnt so far during the 2020s that the cyber market can handle attritional loss deterioration. From mid-2020 to mid-2022 the cyber market produced significant rate change and there was a complete re-underwriting of underlying portfolios, all necessary because of attritional loss from ransomware.