Cyber risk is proliferating and diversifying. Can insurers stay nimble and grow their capacity in the face of rising corporate demand? What was once a marginal area of corporate risk, cyber insurance has become a concern as the interplay between claims inflation, litigation, M&A, and geopolitics accelerates the demand for cyber insurance: especially in the US. Cyber incident severity has surged to a historic high in the US, with the average cost of a data breach exceeding $10.2 million in 2025,

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