For comparability, cyber insurance coverage premiums within the U.S. represented 0.0353% of GDP in 2022, whereas the common throughout APAC was solely 0.0025%, making it a minimum of 14 instances decrease. Gallagher Re highlights that whereas nations like Thailand, Malaysia, Vietnam, Indonesia, and the Philippines are rising gamers on this area, bigger markets akin to China and India even have important potential for additional penetration.
