Reinsurance News

Cyber insurance & reinsurance news

Cyber insurance and reinsurance news, covering the growth of cyber reinsurance underwriting, the risks faced by cyber risk insurer’s, major cyber loss events, cyber reinsurance product development and cyber risk innovation trends.

Cyber risk is an emerging and fast-growing class of insurance and reinsurance business, so our cyber reinsurance news follows industry trends and reports on innovations, industry cyber risk capacity issues, as well as what is happening in the cyber underwriting market.

Beazley closes $300m cyber catastrophe bond

15th December 2025

Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under PoleStar Re Ltd. It means that as of today, the insurer has $670 million in ... Read the full article

Coalition enhances cyber product with addition of Deepfake Response Endorsement

12th December 2025

Coalition, an active insurer focused on preventing digital risks, has added a new Deepfake Response Endorsement to its Cyber Insurance policies worldwide. “Businesses can do everything right - lock down networks, ignore fraudulent funds transfer requests, comply with privacy laws - only to have their reputation damaged by a deepfake,” said ... Read the full article

Verisk and KYND expand collaboration to strengthen cyber resilience

10th December 2025

Verisk, a global data analytics and technology provider to the global insurance industry, has expanded its strategic collaboration with KYND, a provider of cyber risk management services, to bring enhanced cyber risk intelligence to the insurance market. According to research from KYND, 80% of the UK’s top 50 retailers are exposed ... Read the full article

Cyber insurance predicted to become mandatory as digital threat landscape grows: Kennedys

10th December 2025

As the digital threat landscape becomes more volatile and unsettling, cyber insurance is predicted to become a mandatory requirement for doing business, driven by pressure from large corporate clients, according to market predictions by Tom Pelham, Global Head of Cyber and Data, and Arran Roberts, Partner at Kennedys. In a ... Read the full article

Pressures for cyber re/insurers in mature markets but opportunities exist in other regions: S&P

10th December 2025

According to new analysis by S&P Global Ratings, cyber re/insurers face pricing pressure and increased competition in mature markets, especially the US, although growth opportunities exist in under-penetrated regions and from small and mid-sized enterprises. S&P has assigned a stable outlook on the global cyber insurance industry, driven by its sound ... Read the full article

Nearly two-thirds of organisations to increase cybersecurity investments in 2026: Marsh

9th December 2025

Nearly two-thirds (66%) of organisations worldwide plan to increase their cybersecurity investments in the coming year amid today’s evolving threat landscape, according to new research by Marsh, an insurance broker, risk advisor, and business of Marsh McLennan. Marsh’s recent report, Cyber Catalyst Report: Guiding Priorities in Cyber Investments, draws insights from ... Read the full article

Parametrix raises $27m in funding round and rolls out new cyber insurance product

9th December 2025

Parametrix, a provider of digital business interruption solutions, has completed a $27 million Series B funding round led by Mundi Ventures, FirstMark Capital, and HDI Group, joined by F2 Venture Capital and several other strategic investors. The round brings total Parametrix funding to $45 million and follows 300% top-line growth in ... Read the full article

Ransomware spreads into emerging markets, re/insurers prioritise efficiency & margin stability: CyberCube

3rd December 2025

Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report. The research highlights a significant shift in the threat landscape, with ransomware now expanding into regions undergoing rapid digitalisation, uneven defence, and growing strategic ... Read the full article

Ben Watson to lead Westfield Specialty International’s new cyber offering

2nd December 2025

Westfield Specialty International, a specialty insurance provider, has announced the appointment of Ben Watson as Class Underwriter to lead its newly launched cyber team. The cyber team will begin writing business from 1st January 2026, with additional hires to be made to join Watson’s team. Based in London, Watson will report to ... Read the full article

Africa Specialty Risks launches cyber insurance for African businesses

1st December 2025

Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has marked its entry into cyber insurance with the launch of a digital quote-and-bind policy for African businesses. Offered through ASR 24-7, ASR’s automated underwriting platform, the policy provides up to $5 million in coverage to businesses across Africa with revenues of up ... Read the full article

M&A activity could reduce cyber market capacity: Marsh’s Konyar

28th November 2025

Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” for the cyber insurance market, with experts warning that capacity consolidation could eventually reduce market availability. Gamze Konyar, Head of Cyber, Marsh Europe, has highlighted that while the current market remains soft, the long-term implications of re/insurer consolidation ... Read the full article

Cyber insurance market to grow at ‘great speed over 2026,’ says Cowbell

28th November 2025

According to Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, the cyber insurance market is poised to continue growing at “great speed over 2026.” The firm predicts that throughout next year, insurers will respond to rising cyber threats with hardened controls, an abundance of pre and ... Read the full article

Majority of UK SMEs have experienced a cyber incident: Coalition survey

26th November 2025

In the last five years, nearly three-quarters of UK SMEs have been impacted by a cyber incident, according to a recent survey by Coalition, an active insurer focused on preventing digital risks. Coalition’s study, conducted by an independent research organisation in September 2025, surveyed 600 senior insurance decision-makers at mid-market firms ... Read the full article

Beazley expects new Bermuda platform to deliver ~$400m premium by 2030

25th November 2025

Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees "strong growth trajectory" for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley announced plans to establish a presence in Bermuda in early 2026, subject to regulatory approval, with $500 ... Read the full article

Rokstone adds Lucy Barker-Hahlo to its newly launched Cyber unit

25th November 2025

Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointment of Lucy Barker-Hahlo as Deputy Head of Cyber within its newly launched Cyber division. This follows Rokstone’s announcement last week of the launch of its dedicated Cyber division and the appointment of Debbie Hobbs to lead the ... Read the full article