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Cyber insurance market becomes more buyer-friendly: Marsh

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Cyber

According to a report by Marsh LLC, the cyber insurance market in the U.K. has become more buyer-friendly, with abundant capacity and intense competition among insurers, which is driving rate decreases, Reinsurance News reported. The report said that during the first quarter of this year, organizations strengthened their cyber risk management with more effective controls, leading to better terms and conditions and decreased rates.

 

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