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CyberCube predicts US standalone cyber insurance market to reach $45B in premiums by 2034, requiring $100B capital.
CyberCube forecasts the US standalone cyber insurance market may reach $45 billion in premiums by 2034, a five-fold increase from current levels.
The report emphasizes the need for significant capital influx, highlighting Insurance-Linked Securities as a vital source.
This growth presents major opportunities for investors familiar with cyber risks, necessitating structural changes to meet the estimated $100 billion capital requirement for expansion.
8 months ago
14 Articles