Soaring cyber attacks hinder underwriters’ attempts to produce near-term profit

A surge in the number of cyber incidents – and notably ransomware attacks – will likely hinder a near-term reversal of claims cost trends even though underwriters are imposing significant rate increases and tightening coverage terms, according to Fitch Ratings.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7450 000929

    Andy Stone

    Sales manager

    +44 (0) 7834 843176