Insurance Information Institute Issues Fact Sheet Entitled 'Cyber Insurance: State of the Risk'
October 28, 2024
October 28, 2024
NEW YORK, Oct. 28 -- The Insurance Information Institute issued the following fact sheet in February, 2024:
Here are excerpts:
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Market continues rapid growth in face of increasing need for customer risk management.
Despite making up an estimated 1 percent of U.S. property/casualty insurance premiums in 2022, cyber insurance is expected to continue to be one of the fastest-growing segments in P/C. Two primary factors may be at work: - The u . . .
Here are excerpts:
* * *
Market continues rapid growth in face of increasing need for customer risk management.
Despite making up an estimated 1 percent of U.S. property/casualty insurance premiums in 2022, cyber insurance is expected to continue to be one of the fastest-growing segments in P/C. Two primary factors may be at work: - The u . . .