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Cyber insurance growth challenged as rates fall and AI evolves

Cyber

Cyber demand is likely to keep growing as digital dependency increases, but Swiss Re has warned sustainable expansion requires clearer understanding of artificial intelligence-related exposures and pricing and limits that reflect the risk being assumed.

According to Swiss Re’s latest annual cyber report, titled Building a sustainable cyber market in the AI era, cyber premium growth has held at a compound annual growth rate of 5% since 2022, with

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Q&A: Matt Perkins, Hiscox UK

Matt Perkins, trading director, high net worth, art and collections at Hiscox UK, discusses underinsurance, first-generation wealth, and the changing shape of the HNW market.

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