Daily Digest: Marsh on cyber pricing, PPL restructures senior team, Fidelis MGU sets 2030 climate target

Catch up on the essential news and analysis from the Insurance Day experts

Cyber pricing continues to moderate: MarshGlobally, cyber insurance pricing continued to moderate in the second quarter of the year, driven by price drops in the US, Marsh has said. The last quarter saw average price increases of 1%, a slowdown from the 11% rise in the previous quarter and a hike of 24% in the last three months of 2022, the global broker said.