The survey ranks respondents' silent cyber risk factor from The survey ranks respondents' silent cyber risk factor from <1.01, indicating less than one anticipated cyber-related loss per hundred non-cyber covered losses, to 2.0, representing as many cyber losses as non-cyber losses over the next 12 months. (iStock)

Insurance companies are expecting cyber-related losses across all business lines over the next 12 months, driven by increasing reliance on technology and high-profile cyber attacks, according to the annual Silent Cyber Risk Outlook global survey from Willis Re, the reinsurance division of Willis Towers Watson.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].