Beazley forecasts cyber insurance market to grow to $40bn by 2030

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Reinsurance News - Oct 02, 2024

Specialty insurer Beazley predicts that the cyber insurance market will grow from $15 billion in 2024 to $40 billion by 2030, driven by increasing demand due to rising cyber threats and costs, as the firm continues to manage its exposure amid premium growth. In its latest Cyber Risk Update, Beazley...

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