Cyber now ‘most strained class of business’: Aon Q3 global study
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Cyber now ‘most strained class of business’: Aon Q3 global study

Cyber crime, A hacker using a virus to attack software

Cyber has surpassed directors' and officers' (D&O) and natural catastrophe risk to become the most strained class of business for insurers, according to Aon’s Global Market Insights report for Q3 2021.

The report, which detailed trends across multiple business lines, highlighted carriers’ efforts to remediate profitability issues in cyber, as they continue to see loss frequency and severity related to ransomware, with “rate rises, capacity contraction and sub-limits" becoming more...

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