’The trend towards fragmentation is likely to continue in 2024 as cyber business expands more rapidly outside of the US,’ says market analysis firm
London-based insurer Beazley has narrowly topped the rankings of the world’s biggest cyber insurers by gross written premium (GWP), according to the latest data released by market analysis firm Insuramore.
According to Insuramore’s data, Beazley was the largest single insurer by share of the cyber market in 2023, accounting for 6.68% of the sector’s GWP.
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