More insurance buyers than ever face challenges in finding cyber coverage, but industry players speaking during Advisen’s Cyber Risk Insights Conference in London say a return to pre-2019 low prices won’t happen. Thinking of the cyber market in terms of peaks and valleys isn’t useful, according to Michael Shen, head of cyber and technology for… Continue reading Cyber Prices ‘Need to Come Up and Stay Up’: Advisen Panel
Tag: cyber increases
CIAB Survey: Record Premium Increases, Capacity Contraction for Cyber Insurance Q2 2021
Premium prices increased in Q2 2021, according to The Council’s Q2 2021 Commercial Property/Casualty Market Index, though the rate of increase continued to moderate. Across all lines of business, prices increased for the 15th consecutive quarter at 8.3%, down from 10% in Q1 2021. Both medium and large accounts experienced the highest increases, at 9.4%… Continue reading CIAB Survey: Record Premium Increases, Capacity Contraction for Cyber Insurance Q2 2021