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Top 20 Cyber Insurers in U.S. Including Loss Ratios: NAIC

Top 20 Cyber Insurers in U.S. Including Loss Ratios: NAIC

The cyber insurance market in the U.S. grew to roughly $4.1 billion in direct written premiums in 2020, an increase of 29.1% from the prior year, reports the National Association of Insurance Commissioners (NAIC). According to the NAIC’s...

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Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and...

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