AGCS predicts global cyber premiums will reach $20bn per year by 2025
Allianz Global Corporate and Specialty forecasts cyber insurance premiums will grow globally from the current level of $2bn (£1.3bn) per year to more than $20bn over the next decade, representing a compound annual growth of more than 20%.
AGCS has released a report, titled A guide to cyber risk: managing the impact of increasing interconnectivity, in which it examines the latest trends in cyber risk and global emerging perils.
The
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