Marsh predicts cyber rates will fall in H1 2024

Cyber attack

Marsh expects to see the price of cyber insurance decrease over the first half of next year, noting that its clients have already seen rate decreases in 2023.

Serena France-Hayhurst, UK cyber placement leader, said the rate increases that came on the heels of loss-making years for cyber insurers in 2019 and 2020 had now subsided.

“Insurers have now had a

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