The first quarter of 2018 showed either average decreases or flat prices for cyber insurance coverage, according to recent survey from the broker community.
Marsh, in its Global Insurance Market Index, found renewal prices for cyber in the United States to be trending downward in the fourth quarter out of the last five quarters. The average decrease of 1.7 percent comes after 0.6 percent rise in the last quarter of 2017, down from a high of an average 20 percent on renewal in the second quarter of 2015.
Read more at https://www.advisenltd.com/amid-flat-or-lower-cyber-prices-brokers-see-demand-for-coverage-soar/
Erin Ayers, Amid flat or lower cyber prices, brokers see demand for coverage soar (May 21, 2018).
This story in an excerpt of the original. The content originally appeared in Advisen Cyber Front Page News.
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