Annual cyber insurance premiums are likely to increase by 15 to 20 percent per year to around $23bn by the end of 2026, according to S&P Global Ratings 2025 cyber insurance market outlook.
Cyber remains the fastest-growing class of business at Lloyd’s, with loss development no longer classing the line as short tail, according to senior Corporation executives.
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Welcome to this month's edition of Cyber Risk Insurer, your monthly digest covering supply dynamics, pricing and loss trends, emerging risk threats, market penetration, potential public-private initiatives for cyber cat and a host of other areas.