The cyber insurance market in Europe and a number of other jurisdictions is held back by a range of legal and regulatory requirement. The total growth of direct premiums written for cyber insurance hit 8% in 2018 , and dropped to 8% growth in 2018 , according to Fitch Ratings. Despite the lull, Fitch has predicted that the market will continue to grow, as broker and industry reports show increases in insurers taking up cyber insurance coverage. The U.S. is the largest market for cyber insurance as development in Europe and other regions is held back by regulations such as Fitch .
The total growth of direct premiums written for cyber insurance hit 8% in 2018 , and dropped to 8% growth in 2018 , according to Fitch Ratings. Despite the lull, Fitch has predicted that the market will continue to grow, as broker and industry reports show increases in insurers taking up cyber insurance coverage. The U.S. is the largest market for cyber insurance as development in Europe and other regions is held back by regulations such as Fitch .