The loss ratio of French cyber insurers shot up in 2020, but then returned to normal levels in 2021. This ratio shows the ratio of losses to premiums earned. In 2022, the ratio of losses to premiums earned was 22 percent, down from 89 percent a year earlier.
Loss ratio among cyber insurance companies in France from 2019 to 2022
The source analyzed 9,672 cyber insurance policies and 177 paid claims. They surveyed brokers specializing in corporate risk from the following insurers: AON, Diot-Siaci, Filhet Allard, Marsh, Verlingue, Verspieren, WTW. The insurance brokerage union, Planète CSCA, and a mutual insurance group, SMABTP, were also surveyed.
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AMRAE. (May 22, 2023). Loss ratio among cyber insurance companies in France from 2019 to 2022 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/
AMRAE. "Loss ratio among cyber insurance companies in France from 2019 to 2022." Chart. May 22, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/
AMRAE. (2023). Loss ratio among cyber insurance companies in France from 2019 to 2022. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/
AMRAE. "Loss Ratio among Cyber Insurance Companies in France from 2019 to 2022." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/
AMRAE, Loss ratio among cyber insurance companies in France from 2019 to 2022 Statista, https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/ (last visited November 19, 2024)
Loss ratio among cyber insurance companies in France from 2019 to 2022 [Graph], AMRAE, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/1028770/cyber-insurance-loss-ratio-france/
