Cyber awaits moderating rate increases from flat to 25% in Q4: WTW
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Cyber awaits moderating rate increases from flat to 25% in Q4: WTW

Kyoung-son Song
December 02, 2022
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WTW has predicted that cyber rate increases will moderate to 25% to flat in Q4 2022, amid increased competition from cyber underwriters eager to write new business in the class, according to the broker’s latest report.

The prediction marks a decline from the broker’s Q3 2022 figure of 25%-50% rate increases, as broader market conditions for cyber have improved since the peak of the hard market in Q3 2020.

“While

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Topics

NewsRatesD&O (Directors and Officers)CyberWTW
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Kyoung-son Song
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