23-02-2017 17:02 via insuranceinsider.com

Data shortfall hindering cyber growth: Deloitte

Lack of data and insurer nervousness about a sudden aggregation
of claims is hampering the development of the cyber insurance
market, Deloitte said.
In a report on the sector, Deloitte estimated that the line of
business still only generates between $1.5bn and $3.0bn in annual
US premiums out of $505.8bn written by US domestic carriers in
2015.
Deloitte warned several obstacles would need to be overcome if
cyber is to fulfill the most bullish growth expectations, which
include an Allianz...
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