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CyberCube estimates preliminary AWS outage loss range of $38-581m

24th October 2025

CyberCube, a provider of cyber risk analytics for the re/insurance industry, has estimated a preliminary loss range of $38 million to $581 million for the Amazon Web Services (AWS) outage, which the firm has nicknamed “Amazonk”. This estimate follows the release of CyberCube’s Security Incident Report (SIR) for the event, ... Read the full article

Jaguar Land Rover attack most economically damaging cyber event to hit UK: CMC

23rd October 2025

The Cyber Monitoring Centre (CMC) has disclosed that the recent cyberattack targeting Jaguar Land Rover (JLR) inflicted an estimated £1.9 billion in financial damage across the UK and disrupted more than 5,000 organisations, marking the most economically devastating cyber incident in the nation’s history. For those in need of a reminder, ... Read the full article

AWS outage could represent a moderate cyber re/insurance event: CyberCube

22nd October 2025

In a new Security Incident Report (SIR) created following the Amazon Web Services (AWS) outage, CyberCube, a provider of cyber risk analytics for the re/insurance industry, highlights the systemic risk from concentrated cloud-provider dependencies, revealing the exposure of digital ecosystems to a single cloud region/critical service failure. CyberCube’s SIR report explained, ... Read the full article

MS Amlin signs multi-year deal with CyberCube to advance cyber growth strategy

20th October 2025

Lloyd’s global insurer and reinsurer MS Amlin has signed a multi-year contract with CyberCube, a provider of cyber risk analytics for the re/insurance industry, to leverage its tools in support of the growth of its cyber portfolio and treaty business. MS Amlin will utilise CyberCube’s Portfolio Manager, Attritional Loss Model (ALM), ... Read the full article

Closing cyber protection gap a critical societal responsibility: Munich Re

17th October 2025

Munich Re has warned that the sizeable cyber insurance protection gap, which directly exposes individuals and businesses, makes closing the gap and bolstering cyber resilience not just a strategic priority for the insurance industry, but a "critical societal" responsibility. Speaking at its 2025 Baden-Baden breakfast briefing, Munich Re underscored the scale ... Read the full article

Coalition’s excess cyber insurance launches in Quebec

17th October 2025

Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Excess Cyber Insurance policies in Quebec, as well as its refreshed Excess offering across Canada. Canadian businesses, including those in Quebec, will now be able to enhance their cyber risk management with the refreshed Excess offering. Coalition’s ... Read the full article

Markel International names Joe Wong as Professional Financial Risks & Cyber Underwriter

16th October 2025

Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client engagement. Based in the company’s Singapore office, he will report to Olga Wong, Professional Financial Risks & ... Read the full article

QBE appoints Insaf Idelhaj as Senior Manager, Cyber Services & Risk Engineering

15th October 2025

Commercial insurer QBE has announced the appointment of Insaf Idelhaj to the newly created role of Senior Manager – Cyber Services and Risk Engineering, supporting the delivery of QBE’s cyber insurance growth strategy. Based in Paris, Idelhaj has joined QBE’s global cyber services team and will report to Dominic Keller, Global ... Read the full article

Manuel Perez named Head of Europe for Howden Cyber

13th October 2025

Howden, a global insurance broking group, has named Manuel Perez Head of Europe for Howden Cyber, a role he will take on in addition to his ongoing position as Head of Cyber for Latin America. A cyber risks specialist, Perez brings over ten years of experience in the insurance sector to ... Read the full article

Insurers and asset managers strengthen cybersecurity oversight and expand budgets: Moody’s

9th October 2025

A survey conducted by Moody’s, the credit rating, research, and risk analysis firm, finds that cybersecurity remains a high priority for insurers and asset managers worldwide. The survey, which included responses from 102 companies across both sectors, indicates that organisations are adopting a multi-layered approach to cyber defence, with boards of ... Read the full article

Pryor-White to head up Blenheim’s new cyber unit

8th October 2025

Blenheim Partnerships has appointed Geoff Pryor-White to head up a new cyber unit, effective immediately. Pryor-White holds 29 years of experience building and scaling teams in the cyber and tech E&O and PI market. In 2016, Pryor-White founded Tarian Underwriting and led the company as CEO through its growth and eventual ... Read the full article

Boards confident in cyber resilience, yet preparedness often lags: Willis

8th October 2025

Corporate boards express confidence in their cyber readiness, yet board-level data tells a different story, showing that losses are longer, broader, and costlier than leaders expect, according to a recent report by Willis, a WTW business. Willis’ Cyber in Focus 2025 report draws on over 4,650 global cyber claims and board-level ... Read the full article

HSB to protect small businesses with new cyber insurance & incident response solution

7th October 2025

HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB ... Read the full article

CFC appoints John Keebler and Morgan Justice to US cyber team

7th October 2025

CFC, a specialist insurance provider focused on emerging risks and cyber, has established a new US-based cyber development team and expanded its regional presence with the appointments of John Keebler and Morgan Justice. CFC has named Keebler as its new National Cyber Development Leader. Based in Chicago, he will work closely ... Read the full article

Coalition Re unveils new early detection system for potential cyber exposures

7th October 2025

Coalition Re, the standalone cyber reinsurance intermediary of Coalition, has announced its Live Event Response offering, a new reporting capability that alerts cedants when policyholders may be exposed to an unfolding cyber event, such as a zero-day vulnerability. Diana Liu, Coalition Re’s Head of Underwriting, commented, “Most recently, we notified our ... Read the full article