Direct loss and DCC ratio of cyber insurance premiums in the U.S. 2015-2020
The direct loss and defense and cost containment (DCC) ratio of stand-alone cyber insurance policies in the United States grew sharply by 28 percentage points between 2019 and 2020. In 2020, the ratio now stood at 73 percent. This was well above the 47 percent recorded the previous year, with this increase attributed (at least in part) to the shift to remote working due to the global coronavirus (COVID-19) pandemic. The direct loss ratio refers to the share of an insurance company's income that it pays out to claimants.