Global cyber insurance pricing increases 32%: Howden
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Global cyber insurance pricing increases 32%: Howden

Luke Harrison
05 July 2021
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International insurance broker Howden said rising ransomware losses represented a “digital pandemic” that have helped to drive average global cyber insurance rates up 32% year-on-year.

In response, insurers are now demanding more from businesses’ cyber resilience and are only willing to deploy capacity if they are satisfied by the strength of companies’ risk management frameworks, the broker noted.

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Topics

News Cyber Rates
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Luke Harrison
Reporter
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