Cyber market faces 2023 discipline test as rate softening emerges in excess layers
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cyber market faces 2023 discipline test as rate softening emerges in excess layers

Cyber main_31.01.23.jpg

After two years of market hardening, the cyber sector is set to face a test of underwriting discipline in 2023 as evidence of rate softening starts to emerge in the most competitive areas of the market.

Cyber rates in excess layers for US accounts saw decreases of mid-single digits to low double digits in Q4, while primary layers remained flat or experienced low rate rises, depending on the class of business, cyber hygiene controls in...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article