Reinsurance News
Your search for “cyber”
CyberCube identifies sectors most at risk from Scattered Spider attacks
8th July 2025
CyberCube, a provider of cyber risk analytics, has identified Manufacturing, Education, IT, and Retail as the sectors most at risk of attacks from the threat actor group Scattered Spider — the group behind several recent high-profile cyber incidents, including the attack on large UK retailer Marks & Spencer (M&S). Scattered Spider ... Read the full article
Zurich expands cyber capabilities with acquisition of BOXX Insurance
3rd July 2025
Global insurer Zurich Insurance Group has entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set to boost Zurich’s cyber protection capabilities, allowing it to provide retail and SME cyber insurance ... Read the full article
Marsh launches cyber insurance facility for mid-sized organisations
26th June 2025
Marsh, an insurance broker and risk advisor within Marsh McLennan, has launched Cyber Unity, a new insurance facility for organisations with revenues up to €500 million across the European Union, as well as Israel, Norway, Serbia, and Turkey. In a recent report, Marsh highlighted the urgent need for innovative solutions to ... Read the full article
K2 Cyber & Liberty Mutual partner on cyber insurance for small & medium-sized organisations
26th June 2025
K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, has entered a partnership with Liberty Mutual Insurance and its Ironshore programs group, to provide intelligent cyber insurance to small and medium-sized businesses. This program provides a holistic cyber solution, protecting both organisations and their owners and ... Read the full article
Global executives overestimate their cyber resilience: Beazley
26th June 2025
While more global executives cite cyber risk as their greatest threat this year compared to 2024, 83% say they feel prepared to counter it—up from 74% last year—potentially indicating a false sense of security, as many organisations still lack the sustained vigilance needed for true resilience, according to Beazley’s latest ... Read the full article
Insurance Europe calls for streamlining EU cybersecurity regulations
26th June 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, is welcoming the European Commission’s review of the Cybersecurity Act (CSA), a move aimed at simplifying regulations and easing the administrative burden on companies. Launched in April 2025, the CSA review aims to address the fast evolution of technology and ... Read the full article
US cyber insurance premiums post first-ever decline in 2024: AM Best
25th June 2025
According to a new market segment report from AM Best, direct premiums written (DPW) for US cyber insurance declined by 2.3% in 2024, dropping to just under $7.1 billion. This marks the first recorded decrease in the segment since the National Association of Insurance Commissioners (NAIC) began collecting data on cyber ... Read the full article
Berkley Cyber Risk Solutions launches new incident responder coverage
25th June 2025
Berkley Cyber Risk Solutions has introduced its new Incident Responder Enhancement Endorsement, aimed at addressing the frequently overlooked human impact of responding to cyber breach events. The endorsement offers reimbursement for cancelled vacations, child or elder care, and corporate safety costs incurred by incident response teams on the front lines of ... Read the full article
Coalition Re launches Helios platform to improve cyber risk monitoring
24th June 2025
Coalition, known as the first Active Insurance provider focused on digital risk prevention, has introduced Coalition Re’s Helios platform. This new tool allows cedants of Coalition Re to track their cyber risk exposures in real time and manage their portfolios with updated data. Existing cedants can use the platform now at no ... Read the full article
McGill and Partners introduces cyber insurance specifically designed for Battery Energy Storage Systems
17th June 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems become more interconnected and ... Read the full article
Cyber reputation risk events can reduce shareholder value by 27%: Aon
17th June 2025
Cyber events that cause reputation risks can lead to an average 27% drop in shareholder value, according to Aon's 2025 Global Cyber Risk Report. The report analysed more than 1,400 cyber events globally, identifying which types are most likely to evolve into reputation risk events and which are most damaging when ... Read the full article
Gallagher Re reveals leaked data as a strong predictor of cyber insurance claims
16th June 2025
Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriting in commercial cyber insurance. Their research focuses on the development and application of the Technographic Insight ... Read the full article
Aon promotes Rieth to Global Cyber Leader, Commercial Risk Solutions
16th June 2025
Aon has announced the promotion of Brent Rieth to the role of Global Cyber Leader within Commercial Risk Solutions. Rieth, currently head of Cyber Solutions, North America, will now lead Aon’s global cyber strategy, overseeing growth, innovation, and operational performance across all regions. Based in Chicago, Reith will reportedly retain direct responsibility ... Read the full article
AXIS promotes Peter Smith and Tara Sapru to leaders in Global Cyber & Technology
4th June 2025
Bermuda-domiciled insurer and reinsurer AXIS Capital Holdings has appointed Peter Smith as the Head of Cyber North America and Tara Sapru as the Head of Technical Underwriting in its Global Cyber & Technology (GCT) team, effective immediately. As the Head of Cyber North America, Smith will lead underwriting strategy and efforts ... Read the full article
Cyberwrite and Markel Insurance expand partnership to advance cyber underwriting
4th June 2025
Cyberwrite, a cyber insurance technology firm, and Markel Insurance, the insurance operations within Markel Group, have expanded their partnership to enhance underwriting capabilities, broker enablement, and cyber risk modelling across Europe. Markel Europe has been leveraging Cyberwrite’s AI-driven technology to help underwriters assess and model exposures more effectively, and to communicate ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
