Bloomberg forecasts fines will cause surge in cyber cover demand
Demand for cyber insurance is set to grow amid a spate of high-profile attacks and fines for accidental leaks, according to a market report from Bloomberg Intelligence.
Noting that Beazley, Hiscox, Axis Capital, Chubb and Munich Re have reported increased demand for cyber cover, Kevin Ryan, senior insurance analyst at Bloomberg Intelligence, predicted the fines for
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