Ransomware insurance used to be a lucrative play for underwriters—until everyone decided to join the party. Now that the market's crowded with players all chasing the same premium opportunities, margins are getting squeezed. What looked like a golden opportunity for insurers is turning into a bloodbath of competition.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
3
Repost
Share
Comment
0/400
TaxEvader
· 7h ago
Haha, now even profitable businesses are getting competitive, and insurance companies are all fighting fiercely.
View OriginalReply0
DaoResearcher
· 7h ago
From the data performance, the compression of profit margins in the ransomware insurance market is actually a typical equilibrium instability caused by excessive market competition. It is worth noting that this "hasty influx" phenomenon also frequently occurs in on-chain governance...
View OriginalReply0
BearMarketBuilder
· 7h ago
Really, are people still rushing to get ransomware insurance? It's high time to see through this game.
Ransomware insurance used to be a lucrative play for underwriters—until everyone decided to join the party. Now that the market's crowded with players all chasing the same premium opportunities, margins are getting squeezed. What looked like a golden opportunity for insurers is turning into a bloodbath of competition.