The source adds the following information; "The 7,500 survey respondents came from 15 regions worldwide, inclusive of Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Netherlands, South Africa, Spain, Sweden, U.S. and UK.
Survey respondents were commercial and private lines business through C-Level / Employee split.
 Companies were from a wide spread of industries, with revenues ranging from one million U.S. dollars to five billion U.S. dollars.
Company sizes ranged from under 10 employees to over 2,500 employees."
Citation formats
Leading reasons for companies not having cyber insurance worldwide 2024
Roughly ** percent of survey respondents noted their company did not have cyber insurance, as they did not understand the product. The second most popular reason for not having cyber insurance, noted by ** percent of respondents, was being unaware it existed. The leading reason for companies not having cyber insurance was due to the price.
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Munich Re. (April 26, 2024). Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1350218/cyber-insurance-criteria-smes-germany/
Munich Re. "Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024." Chart. April 26, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1350218/cyber-insurance-criteria-smes-germany/
Munich Re. (2024). Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1350218/cyber-insurance-criteria-smes-germany/
Munich Re. "Leading Reasons among Companies for Not Having Cyber Insurance in Select Major Regions Worldwide in 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Apr 2024, /statistics/1350218/cyber-insurance-criteria-smes-germany/
Munich Re, Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024 ÌÇÐÄÆƽâ°æ, /statistics/1350218/cyber-insurance-criteria-smes-germany/ (last visited July 30, 2026)
Leading reasons among companies for not having cyber insurance in select major regions worldwide in 2024 [Graph], Munich Re, April 26, 2024. [Online]. Available: /statistics/1350218/cyber-insurance-criteria-smes-germany/
