Aon report highlights US cyber premium growth and increased loss ratio in 2019

US cyber premiums grew to $2.26bn in 2019, an 11% increase from the previous year, with similar rates of growth observed for both package and standalone cyber products, according to Aon. In the fifth edition of its US Cyber Market Update: The 2019 US Cyber Insurance Profits and Performance, Aon states that a total of 192 US insurers reported direct…

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