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Cyber Claim Severity Surges as AI, Litigation Accelerate Risk - FINCHANNEL
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Cyber Claim Severity Surges as AI, Litigation Accelerate Risk - FINCHANNEL
Despite a 34 percent decline in cyber insurance claim frequency for large U.S. businesses in 2025, average claim severity doubled to more than $4.4 million, according to Chubb’s 2026 Cyber Claims Report. Though AI-driven detection systems helped stabilize claim frequency across several global markets, advanced cyberattacks – alongside liability litigation challenges – ranked among the top cost drivers. Lewis Nibbelin . Research Writer Drawing o…
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