Fitch: US cyber market hits $1bn in premium

The US cyber market wrote around $1bn in direct premium in 2015,
according to analysis by Fitch Ratings.
In aggregating cybersecurity statutory supplement data for the
US P&C industry, the rating agency found that AIG is the market
leader with a 22 percent share.
Chubb is the second-largest writer, with 12 percent of the
market, followed by XL with 11 percent.
Overall, around 120 insurance groups reported writing cyber
insurance in 2015.
According to figures from Marsh & McLennan Compani