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Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood 50% of UK Women Still Uninsured: The Gender Gap in Life Cover Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI RedClick Strengthens EIS Partnership to Deliver Simpler, Smarter Insurance American Public Life (APL) Selects Neutrinos to Power Core Modernization Across Group Benefits Business RedClick Strengthens EIS Partnership to Deliver Simpler, Smarter Insurance Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum Kalepa To Partner with Canopius To Power Underwriting Excellence InsureMO and Appian Unite to Deliver Enterprise-Grade Underwriting Innovation for US E&S Specialty Insurance Encova Insurance Leverages Sapiens to Streamline Testing and Improve Software Quality Weather Protection at Agents’ Fingertips: Vortex Partners with First Connect Gradient AI Launches Risk Management Life Cycle Solution for Group Health BOXX Insurance and Millennial Shift Technologies Announce Strategic Partnership to Expand Access to Cyber and Professional Liability Insurance Coverage Synechron Partners with Duck Creek Technologies to Drive Digital Transformation in the Insurance Industry

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AXA XL’s Cyber Claims Unveiled report shows 88% of incurred cyber losses stem from claims over $1 million, with Fran Gari, Danielle Roth, and Andrew Farr highlighting ransomware trends, detection improvements, and underwriting insights.

Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights

September 15 2025

According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.

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