Hidden cyber risk in US could lead to $12.5bn losses, warns report

12-10-2021

Hidden cyber risk in US could lead to $12.5bn losses, warns report

Cyber exposures accumulating in the US property insurance market could result in $12.5 billion non-physical damage losses and could cause certain carriers’ capital adequacy ratios to deteriorate, a new report by CyberCube, AM Best and Aon has warned. 


CyberCube, AM Best, Aon, Technology, Cyber, Cyber Risk, Losses, Insurance, Reinsurance, Rebecca Bole, Sridhar Manyem, Jon Laux, North America, Global

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