Cyber premiums fell in 2023 but demand for bundled policies remains high: Fitch
Despite robust demand and continued profitability, US cyber insurance premiums saw a slight decline in 2023, the first dip in years, as market dynamics and pricing pressures challenge insurers navigating an evolving risk landscape.
Analysis: Reinsurers remain keen but cautious on cyber risk
Cyber reinsurers are convinced of the need to service their clients’ cyber needs, while remaining cautious in their exposure to this fast-moving peril.