Cyber Insurers Hike Rates But Worry About Pricing Long-Term As Losses Mount: Fitch May 27, 2021 U.S. insurers offering cyber coverage have been implementing significant pricing and underwriting actions in 2021 in response to a spike...
Cyber Insurance Growth Slowed in Reaching $2 Billion in 2018, Says Fitch May 15, 2019 The cyber insurance market remains a source of growth for U.S. property/casualty insurers; however, that growth is slowing, according to...
U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch May 10, 2018 Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S....
Insurers Can Protect Ratings with Cautious Approach to Cyber Risk: Fitch November 21, 2017 The influence of cyber risk on insurer ratings is likely to be neutral or gradual as long as insurers continue...
Cyber Insurance Premium Volume Grew 35% to $1.3 Billion in 2016 June 23, 2017 Property/casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 percent jump from 2015,...
Fitch Urges Insurer Caution as Cyber Insurance Demand Grows May 17, 2017 The recent ransomware attacks in more than 150 countries are likely to increase demand for related insurance protection as they...
AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch August 29, 2016 About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to...