Insurance 101: Income (premiums) must exceed outgoings (claims) by around 30% (operating costs + profit). If claims increase, so must premiums for the insurance model to remain viable. And for the insurance companies to remain solvent and in business.
Cyber Insurance 102: The cost of cybercrime is rising dramatically and has been doing so consistently for many years. Continually increasing premiums to counter continuously increasing claims is ultimately unsustainable. Soon, the cost of insur
