The loss ratio for standalone cyber insurance policies in the United States dropped by three percent between 2019 and 2023. In 2023, the loss ratio was 42 percent, down from 45 percent a year earlier. The loss ratio was calculated by dividing the direct losses and defense costs by the premiums earned.
Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023
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Aon. (August 6, 2024). Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/
Aon. "Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023." Chart. August 6, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/
Aon. (2024). Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/
Aon. "Value of Direct Written Premiums and Loss Ratio for Standalone Cyber Insurance Policies in The United States from 2019 to 2023." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/
Aon, Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023 Statista, https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/ (last visited November 19, 2024)
Value of direct written premiums and loss ratio for standalone cyber insurance policies in the United States from 2019 to 2023 [Graph], Aon, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/1336516/cyber-insurance-premiums-earned-vs-loss-ratio-usa/
