Cyber risk insurance has been introduced for more than two decades in the United States, yet the insurance market for … cyber risk is tiny amounting to 1% ($6.5 billion) of premiums in the U.S. property-casualty insurance market in 2021. In … this paper, we analyze what constrains the insurance industry from providing larger capacity. We argue that cyber risk is …

documented empirical features (delayed information and heavy-tailedness) and show that they lead to significantly lower insurance … demand. This might help explain the low volume of the cyber insurance market observed today …

This paper discusses the adequacy of insurance for managing cyber risk. To this end, we extract 994 cases of cyber …. These problems hinder the development of a sustainable cyber insurance market. We finish by discussing how cyber risk …