US cyber insurance premiums up 37%
Saturday, 07 14 2018, Category: Technology, Country: United States
The US cyber insurance premiums expanded 37 percent year on year to $1.84 billion in 2017, according to Aon’s US Cyber Market Update report.
In an ‘unprecedented year’ for ransomware attacks, the US cyber insurance market continued to grow, with a total of 170 US insurers reporting writing cyber insurance – compared to 140 in 2016, and 119 in 2015, according to the report.
Source: Intelligent Insurer