With growth slowing in established cyber insurance markets, underwriters are looking to new sources of premium, such as Europe, Asia and Australia.
A recent estimate from broker Howden predicts global cyber premiums will increase to $43bn by 2030, up from $15bn last year, with more than half of that growth coming from outside the US.
As insurers look further afield for new cyber premiums, Insurance Day speaks with CFC’s Philippa Berry to understand both the challenges and potential of new markets.
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