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Cyber insurance claims frequency rises nearly 30%: Analysis

Posted On: Sep. 11, 2019 6:17 AM CST


Analysis by Australian cyber insurance underwriting agency Emergence Insurance Pty. Ltd. showed that cyber insurance claims frequency increased 29% year-over-year in 2019, Asia Insurance Review reported. Professional, scientific or technical services accounted for 20% of claims, healthcare and social assistance accounted for 14%, and financial and insurance services 12%.

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