News From Press Cyber insurance gains momentum in India; set to witness exponential growth: Deloitte

Cyber insurance gains momentum in India; set to witness exponential growth: Deloitte

Source: ET Oct 6, 2023

The cyber insurance market in India is expected to grow by 27-30 per cent in the coming years, a Deloitte report said forecasting cyber insurance gaining momentum. The report indicates that the current Indian cyber insurance market is valued at USD 50-60 million, maintaining a steady 27-30 per cent compound annual growth rate (CAGR) in the past three years.

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