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International

Cyber insurance rates up 39% in Europe: Marsh

September 14, 2021 Reprints

Rising frequency and severity of cyberattacks, cyber insurance rates increased by an average of 39% for all industries within Marsh Ltd.'s European client base in the first quarter, Xprimm reported. Marsh noted that malicious cyber events accounted for 80% of cyber insurance claims made in Continental Europe in 2020, up from 70% in 2019.

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Cyber insurance rates up 39% in Europe: Marsh

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