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Cyber insurance market maintains strong growth, says Guy Carpenter

9th September 2025

According to Guy Carpenter’s Global Specialties Market Update, the cyber insurance market continues to expand, with both supply and demand showing consistent upward momentum despite short-term market pressures. Guy Carpenter notes that the direct cyber market is experiencing growth across all regions, industries, and company sizes, even as pricing remains under ... Read the full article

DUAL Group enhances cyber insurance offering with KYND partnership

9th September 2025

DUAL Group, a specialty insurer, has announced the next stage of its cyber insurance programme through a strategic partnership with KYND, a provider of cyber risk management services. The initiative will initially launch in Australia and New Zealand, with plans for a broader rollout across the group in the near future. As ... Read the full article

Lockton Re outlines strategies to drive cyber insurance growth through 2030

8th September 2025

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insurance market over the next decade, highlighting the innovations in product design, capital allocation, and ... Read the full article

IQUW Re Bermuda enhances product suite with Mortgage, Credit, and Cyber Risk

5th September 2025

IQUW Re Bermuda has expanded its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. IQUW Re Bermuda stated that, supported by its strong balance sheet and capital foundation, the company is now well positioned to expand into new, diversifying lines of ... Read the full article

Cyber insurance faces rate deterioration and reduced organic growth: Swiss Re

3rd September 2025

Despite a fast-evolving cyber threat landscape, Swiss Re reports that cyber insurance rates have deteriorated for a third consecutive year, leading to growth estimates being revised down from 6% to 5% compound annual growth rate (CAGR) from 2023 onward. Between 2017 and 2022, global cyber insurance premiums grew at double-digit rates, ... Read the full article

CyberCube launches Exposure Manager to transform cyber portfolio assessment

2nd September 2025

CyberCube, a provider of cyber risk analytics, has launched Exposure Manager (XM), a first-of-its-kind tool that enables re/insurers to efficiently evaluate cyber risk across entire portfolios with powerful, quantified data. CyberCube said the launch marks “the beginning of a new era in cyber insurance,” delivering transparency into portfolio-level exposures and risk ... Read the full article

US cyber insurance market sees first decline in premiums since 2018, QualRisk reports

28th August 2025

According to the 2025 US Cyber Insurance Monitor (UCIM) from the advisory firm QualRisk Cyber Insurance Center (QCC), the US cyber insurance market experienced its first reduction in reported premiums since the NAIC began collecting data in 2018. Admitted direct written premiums dropped 2.3% to $7.1 billion in 2024, signalling a ... Read the full article

Cyber incident response planning a key control in reducing cyber risk: Marsh

28th August 2025

Cyber incident response planning has emerged as a key cybersecurity control in reducing the likelihood of a breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that organisations that regularly engage in tabletop exercises and scenario-based breach response drills are ... Read the full article

CyberCube and Supercede partner to streamline cyber reinsurance placements

26th August 2025

CyberCube, a provider of cyber risk analytics, has partnered with Supercede, the reinsurance technology platform, to power faster, smarter cyber reinsurance placements. The strategic partnership allows brokers and carriers to send high-quality, structured submission data directly from Supercede into CyberCube’s analytics platform—eliminating manual formatting and streamlining the process from submission to ... Read the full article

Coalition launches its Active Cyber Insurance in France

20th August 2025

Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. With capacity provided by Allianz Commercial via Allianz Global Corporate & Specialty SE (AGCS) - in a multi-year agreement - Active Insurance is now ... Read the full article

Dragos report estimates up to $330bn in global OT cyber risk

15th August 2025

Dragos Inc., a company specialising in cybersecurity for operational technology (OT) environments, has released its 2025 OT Security Financial Risk Report, produced with Marsh McLennan’s Cyber Risk Intelligence Center. The report applies statistical modelling to estimate the financial impact of OT cyber incidents and evaluate the effectiveness of selected security controls. ... Read the full article

Cyber incidents in APAC up 29% in 2024: Aon

12th August 2025

According to findings from Aon's 2025 Cyber Risk Report, cyber incidents in the Asia Pacific (APAC) region in 2024 rose by 29% year-over-year, and have increased by 134% since 2020. The insurance and reinsurance broker's report reveals that, in 2024, cyber insurance claims notifications increased by 22% across APAC, and due ... Read the full article

MSIG USA partners with Coalition to launch new cyber insurance for US

7th August 2025

MSIG USA, a provider of specialty commercial insurance solutions, has strategically partnered with Coalition, an active insurer focused on preventing digital risks, to launch a new cyber insurance offering for its US clients. The new program offers primary cyber coverage for multinational businesses purchasing insurance coverage from MSIG USA internationally and ... Read the full article

Shadow AI emerging as a major cyber threat, warns Consilium

7th August 2025

Shadow AI is emerging as a significant threat to businesses, responsible for 20% of data breaches and adding an average of $670,000 to breach costs for organisations with high levels of shadow AI, according to Consilium in the 2025 IBM Cost of a Data Breach Report. Shadow AI refers to the ... Read the full article

CyberCube and Wholesure partner to expand cyber insurance capabilities for SMBs

4th August 2025

CyberCube, a provider of cyber risk analytics for the insurance sector, has entered into a strategic partnership with Wholesure, the wholesale brokerage arm of Acrisure, a global fintech and insurance brokerage firm. As part of the collaboration, Wholesure will license CyberCube’s Broking Manager and CyberConnect solutions to improve cyber insurance services ... Read the full article