So far the US property insurance market has not been incorporating the price of cyber risks in commercial policies—even though dangers are accumulating in this area. That may change if carriers follow the recommendations in a report issued this week from CyberCube, along with AM Best and Aonl.

It stated that cyber exposures accumulating in the United States' property insurance market could result in $12.5 billion in non-physical damage losses and could cause certain carriers' capital adequacy ratios to deteriorate.

The report concluded that, "while current levels of cyber exposure within US commercial property are manageable by the property industry as a whole, the exposure could have ratings impacts for a section of the property market. The large growth in cyber exposures anticipated over the next few years will challenge the industry's ability to cope with rapidly increasing risks."