CyberCoverInsightUnderstanding the cyber insurance market.

KNOWLEDGE

Retention (SIR)

The amount of each loss the policyholder bears before the policy responds. In cyber policies it is often expressed as a self-insured retention and may differ by coverage section.

Retention: policyholder paysInsurer paysAbove the limit: policyholder pays
As the loss grows, the first part stays with the policyholder.

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