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"Future growth in cyber premiums will likely come from more consistent polity terms and conditions as insurers gain better understanding of loss potential and coverage, better cyber underwriting models, as well as efforts to comply with increased cyber regulatory standards across numerous industries, particularly financial institutions," says Fitch's Jim Auden. (Photo: Shutterstock)

Cyber insurance direct written premium volume for the property & casualty (P&C) industry grew by 35% in 2016 to $1.35 billion, according to “Cyber Insurance Market Share and Performance,” a new report from Fitch Ratings.

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