Beazley, Chubb among top five cyber insurers in 2021: Insuramore

A report by U.K.-based insurance industry insights provider Insuramore Ltd. showed that Beazley PLC, Chubb Ltd., Munich Reinsurance Co., Fairfax Financial Holdings Ltd. and Axa SA were the top five cyber insurance providers in 2021 in terms of gross direct premiums written, Xprimm reported. Together these insurers accounted for more than 60% of the $8.6 billion global cyber insurance market in 2021.