Cyber Insurance Market Soars
In the ever-evolving landscape of cyber threats and data breaches, the cyber insurance market has emerged as a robust and rapidly growing industry. According to a recent report by market…
Japan’s Cyber Insurance Market: Rapidly Growing
According to the latest report by IMARC Group, Japan’s cyber insurance market is expected to grow at a compound annual growth rate (CAGR) of 23.10% during 2023-2028. This rapid growth…
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Cyber Insurance Market is poised for substantial growth – Report
The global Cyber Insurance Market is poised for substantial growth. New research expects it to reach a staggering USD 97.6 billion by 2032. Analysis from Acumen Research and Consulting indicates…
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Cyber Insurers Doing Well, Cyber Reinsurers Not So Much: S&P
Consistent with other recent reports, S&P Global Ratings finds global cyber insurance premiums surging, about $12 billion last year and headed to almost twice that by 2025. At the same…
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Cyber Insurance Market, Size, Set For Growth
The global cyber insurance market growth is projected to rise from $16.66 billion in 2023 to $84.62 billion by 2030 according to the IMARC Group. The increasing number of cyberattacks…
Demand Not A Constraint for Cyber Insurance Industry — Lack of Capital & Expertise Could Be: Gallagher Re
“’One of the things we hypothesized right from the start was that cyber is going to be the most capital-constrained and most expertise-constrained class of business in the market. And…
Cannabis Companies Not High on Cyber Insurance
“Lastly, it is worth addressing that aside from larger companies and a few smaller businesses that recognize the importance of having cyber liability insurance, most operations are still declining this…
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Cyber Insurance Premiums Last Year Approached $14 Billion in Increasingly Fragmented Market: Insuramore
The report estimates 2022 GDPW (gross direct premiums written) for cyber insurance was almost $13.5 billion and closer to $14 billion when captive insurers are included. According to the report…
Cyber Insurance Premiums and Profits Up Sharply, Along With Stand-Alone Policies & Surplus Lines Market Share: AM Best
We all knew the general trend reported by AM Best. Headline: “The U.S. cyber insurance market continued strong growth in 2022, with direct premium increasing by 50% to $7.2 billion…
Most Cyber Insurance Premiums Now for Stand-Alone Coverage: Fitch
Stand-alone policies reflect growing acceptance of cyber as a unique and critical category requiring more complex underwriting by carriers and increased attention from policy holders. “Standalone coverage is 70% of…
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