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Ransomware drives harder cyber response from insurers

By Jon Guy 2021-09-23T15:37:00

ransomware (2)

Cyber losses could shift to hit reinsurance costs as insurers embrace standalone products over packages to mitigate silent cyber risks

A leading analyst has warned that cyber insurance is set to see price hikes and a tightening of terms as underwriters look to recoup the spike in ransomware losses.

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