Cyber insurance rate increases have decelerated nearly 80% on average in just six months, according to a new report from Marsh.
According to Marsh’s latest quarterly US cyber insurance market update, the market began to embrace a new paradigm toward the end of last year. At that time, many observers wondered if the troubled market would remain on its unstable path, ultimately becoming unaffordable or unsustainable, or begin to stabilize. Now, however, the market is showing clear signs of improvement, Marsh said.
