Cyber ins. premiums to dominate by 2021
Saturday, 06 09 2018, Category: Technology, Country: World
By examining insurance purchased by corporate, public sector and not-for-profit organisations between 2013 and 2017, Aon Inpoint – Aon’s data, analytics, engagement and consulting team – has predicted that by 2021 the most rapid growth of premiums will be seen in cyber insurance products, with a global market worth estimated at $730 billion and an annual growth rate of 5.3%.
Aon Inpoint points to cyber premiums’ significant 23% annual growth over the past five years in estimating worldwide premiums at $4 billion by 2021.