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Willis says cyber insurance covers 95% of average data breach losses in claims study

PUBT·06/16/2026 08:00:56
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Willis says cyber insurance covers 95% of average data breach losses in claims study
  • Willis Towers Watson analysis of 5,500 cyber claims since 2013 found insurance covered over 95% of average data-breach losses.
  • Coverage reached 90% of average first-party losses, based on about USD 1 billion in insurer payments across 95 countries.
  • Ransomware drove the largest losses, averaging USD 5.3 million over 25 days; the biggest single loss exceeded USD 500 million.
  • Business interruption, ransom payments led ransomware costs; average demand USD 3.8 million versus average payment USD 1.5 million.
  • Third parties drove nearly 50% of data-breach losses; vendor incidents raised systemic-risk concerns despite representing 5% of ransomware costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606160400PRIMZONEFULLFEED9745510) on June 16, 2026, and is solely responsible for the information contained therein.