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Best’s News & Research Service subscription required - June 09, 2021 11:55 AM (EDT)

AM Best: Insurers Reassessing Cyberrisk Due to Ransomware, Aggregation Risks

First-quarter cyber insurance premiums rates rose 18% as insurers are seeing the containment and defense costs of ransomware may outpace the actual ransom, said Christopher Graham, senior industry . . .

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