Manila Times Business
Cyber insurance is delivering meaningful financial protection, with a majority of data breach and first-party losses covered according to Willis’ latest report
LONDON, June 16, 2026 (GLOBE NEWSWIRE) -- More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to the latest report by Willis, a WTW business (NASDAQ:WTW). Cyber claims in Focus - Getting value from cyber insurance analyses 5,500 cyber claims occurring from January 2013 to January 2026 across 95 countries, and around US$1 billion in insurer payments. Data breaches are the most frequently reported cyber insurance loss, wi
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Source: manilatimes.net
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