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Ransomware attacks spur cyber demand, could be a $14bn market: Fitch

16th May 2017

As we wrote yesterday, the recent cyber attacks that struck more than 150 countries across the globe with ransomware will stimulate new demand for cyber insurance and reinsurance coverage, and Fitch Ratings agrees, saying today that re/insurers are in a unique position to respond to assist customers faced by ... Read the full article

Global ransomware attack highlights the growing need for cyber re/insurance

15th May 2017

Last weekend's devastating global ransomware attack has refocused attention on the need to mitigate against growing risks of cyber threat with greater protection and re/insurance cover, and prompted a cybersecurity stock purchase by European investors. The cyber attack locked up more than 200,000 computers in over 150 countries - disrupting hospitals, businesses, ... Read the full article

Geneva Association flags persistent gaps in cyber hygiene and insurance adoption

1st April 2026

A recent Geneva Association report warns that as cyber incidents grow more frequent, sophisticated, and costly, many firms still have persistent gaps in cyber hygiene and risk management, underscoring the urgent need to strengthen resilience, with cyber insurance playing a critical role. The Geneva Association noted that intensifying geopolitical tensions and ... Read the full article

Agentic AI poised to shape both offensive and defensive cyber measures: Munich Re

26th March 2026

With the use of agent-based AI becoming mainstream, Munich Re has suggested the technology is poised to shape the scope, speed and precision of offensive and defensive cyber measures alike. The global reinsurer’s recently released report, Cyber Insurance: Risks and Trends 2026, has highlighted a world defined by geopolitical tensions, armed ... Read the full article

Munich Re flags intensifying cyber risk landscape amid geopolitical strains

25th March 2026

With cyber insurance growing ever more relevant and cyber risks intensifying amid powerful geopolitical, technological and economic pressures, Munich Re has urged companies to place equal emphasis on resilience and protection, highlighting the need to deepen insurance penetration and strengthen collaboration to better support insureds and safeguard global economies and ... Read the full article

CyberCube flags elevated cyber risk from Iran following US-Israel strikes

5th March 2026

As tensions rise in the Middle East, CyberCube has issued a call to action for cyber insurance carriers, urging them to use threat-intelligence-informed analytics to assess and manage exposure to potential cyber operations by Iranian threat actors. A new blog, authored by William Altman, CyberCube’s Director of Cyber Threat Intelligence Services, ... Read the full article

Resilience’s 2025 cyber risk report highlights strategic shift in cybercrime

25th February 2026

New cyber insurance claims data from Resilience, a cyber risk and insurance firm, points to a fundamental shift in how cybercriminals operate and profit. Drawing on claims from its 2025 client portfolio, the company’s latest analysis shows that threat actors are conducting longer, more calculated campaigns against organisations. The findings also ... Read the full article

Markel expands cybersecurity support for policyholders through Upfort partnership

19th February 2026

Markel, the insurance division of Markel Group Inc., has announced a new partnership with Upfort aimed at strengthening cybersecurity resources for eligible US cyber insurance policyholders. Through this collaboration, policyholders can now access Upfort Shield, a multi-layer cyber defence platform that delivers AI-driven, automated protection against common cyber threats. In addition, eligible ... Read the full article

Cyber insurance rates decline despite surge in claims: Lockton

12th February 2026

Cyber insurance premiums have fallen despite an increase in cyber incidents and rising claims, marking a “rare divergence between underlying risk and insurance pricing,” according to a recent report from insurance broking group Lockton. During the 12 months ending August, organisations experienced a 129% increase in ‘nationally significant’ cyber security incidents, ... Read the full article

Chaucer and Armilla AI introduce Vanguard AI to streamline cyber, technology and AI liability protection

11th February 2026

Chaucer Group, the specialty re/insurance group, has partnered with Armilla AI, a specialist in AI liability insurance and risk assessment, to introduce Vanguard AI, a unified insurance solution developed to manage cyber, technology and AI-related liabilities within a single, structured framework. Vanguard AI integrates Chaucer’s primary cyber and technology errors & ... Read the full article

Cyber-related fines reveal widening gap between regulatory risk & insurable protection: Aon

4th February 2026

Businesses located or operating across EMEA face increasing exposure to cyber-related fines and penalties as enforcement becomes more assertive, while the insurability of these fines remains uncertain and varies by jurisdiction, according to a joint report by global broker Aon and law firm A&O Shearman. The report highlighted that as cyber ... Read the full article

Brit renews cyber consortium as risk landscape broadens

29th January 2026

Brit Group has renewed its cyber consortium, Brit Cyber Attack Plus (BCAP), led by Brit Syndicate 2987, which provides clients with comprehensive cyber coverage, including cyber-triggered physical damage and business interruption, under a single underwriting and claims agreement. Created in 2016 to meet the demands of clients looking to broaden cyber ... Read the full article

Howden expands cyber capabilities with launch of US practice

22nd January 2026

Howden, the insurance intermediary group offering broking, reinsurance and underwriting services, has announced the formation of a dedicated US Cyber practice, highlighting continued investment in specialist talent to support corporate clients. The new practice is built around a senior leadership team comprising Juliet White, Head of Cyber; Lou Botticell, Cyber Brokerage ... Read the full article

AXIS Capital report shows executive divides on AI risk and cyber preparedness

20th January 2026

AXIS Capital Holdings Limited, a specialty re/insurer, has published new research examining how artificial intelligence (AI) is reshaping the risk environment, based on perspectives from Chief Executive Officers and Chief Information Security Officers. In commissioning this study, AXIS Capital surveyed 500 CEOs and CISOs across the United States and the United ... Read the full article

Cyber reinsurance buyers benefit from favourable supply dynamics at 1/1: Howden Re

19th January 2026

According to global reinsurance broker Howden Re, buyers of cyber reinsurance benefitted from favourable supply dynamics at the January 1st, 2026, renewals, supported by strong competition and a manageable loss environment. Although there were several high-profile attacks on individual insureds and a number of systemic events, financial impacts were not material ... Read the full article

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