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Cyber Reports: Both Predict More Business

A new report from Allianz Global Corporate & Specialty says cyber attacks cost the global economy $445 billion annually. And $200 billion of that comes from the world's biggest economies the United States, China, Japan and Germany with $108 billion of that figure coming from the U.S. What that means to the insurance industry is more premium dollars and a growing line of insurance. Allianz predicts they'll jump to more than $20 billion in the next 10-years. more

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