The Source for Cyber Insurance News, Insights and Data
According to a study by Evolve Business Intelligence, the global Cyber Insurance Market, valued at USD 18.2 billion in 2023, is poised to experience a robust 23.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. The market is dominated by North America, while the Asia Pacific region is poised to achieve the highest CAGR … Read more
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 research institution P&S Intelligence, the cyber insurance market, which was valued at USD 11,904.6 million in 2022, is set to skyrocket to USD 48,328.4 million … Read more
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 is being driven by a number of factors, including: Cyber Insurance: A Must-Have for Businesses in the Digital Age Cyber insurance is an essential tool … Read more
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 this surge is driven by the escalating frequency and severity of cyber-attacks worldwide. Cyber insurance, designed to cover financial losses resulting from cyber threats such … Read more
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 time, increases in premium rates have moderated. The cybersecurity market has “returned to profitability,” accord to S&P. The news is less positive concerning reinsurers, which … Read more