Cyber Insurance Rates on the Decline as Insurers See Fewer Claims

Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises. The decline can be attributed to better data from risk managers and insurers as well as claims that have proved smaller than expected, broker Howden said in a report on Wednesday. The market for cyber coverage has … Continue reading Cyber Insurance Rates on the Decline as Insurers See Fewer Claims