US cyber market premium rate change falls below zero, solidifying soft market: TMHCC
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US cyber market premium rate change falls below zero, solidifying soft market: TMHCC

After recording triple digit growth in 2020-2022, the US cyber market grew just 1.6% in 2023.

By Danielle Ling
December 18, 2024
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Cyber crime, A hacker using a virus to attack software

In 2024, premium rate change in the US cyber insurance market has fallen below zero, marking the onset of a soft market, according to Tokio Marine HCC's cyber and professional lines group (CPLG).

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