This is very interesting. I’ve rarely heard about cyber-insurance paying out and have been watching for them. Marriot has managed to get an insurance payout.
In the 2018 fourth quarter, the company incurred $28 million of expenses and recognized $25 million of insurance proceeds related to the data security incident it disclosed on November 30, 2018.
Marriott data breach has cost the hotel chain only $3 million so far, after insurance – HOTforSecurity : https://hotforsecurity.bitdefender.com/blog/marriott-data-breach-cost-the-hotel-chain-only-3-million-in-net-expenses-so-far-20903.html
Compare this with recent NOT-petya malware which has been claimed as an act of war by cyber-insurance to avoid payout.
Link: Is the world ready for the next big ransomware attack? | CSO Online – https://www.csoonline.com/article/3345967/is-the-world-ready-for-the-next-big-ransomware-attack.html