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.
SCOR partners with MGA Baobab Insurance to strengthen cyber capabilities
30th January 2026
Global reinsurer SCOR has partnered with German digital risks MGA Baobab Insurance, facilitated by the SCOR Syndicate at Lloyd’s, to expand capacity for Baobab’s “CyberSafe” offering, which provides companies with preventive and ongoing protection against cyber risks. The SCOR Syndicate at Lloyd’s has expanded Baobab Insurance’s underwriting capacity to companies in ... Read the full article
Gallagher Re sees 32% drop in cyber aggregate XOL rates amid oversupply
30th January 2026
Global reinsurance broking and advisory firm Gallagher Re has observed that an oversupply of capacity resulted in a cyber aggregate excess of loss (XOL) risk-adjusted rate (RAR) change of -32% at 1.1.2026. The data comes from the latest edition of the firm’s Cyber Rate Index, an updated version of the Cyber ... Read the full article
Trium Cyber UK expands primary and excess maximum line size to $20m
30th January 2026
Trium Cyber UK has expanded its maximum line size for both primary and excess to $20 million, effective January 1st, 2026. The increased line size was achieved via expansion of the Trium Cyber Consortium and attracting third-party capital support from other Lloyd’s Syndicates, which is a tacit acknowledgement of Trium’s ability ... 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
Arch Insurance International launches event cancellation cyber coverage
29th January 2026
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has launched its event cancellation cyber coverage. This new coverage is offered as a cyber extension to an event cancellation policy, protecting against the cancelation, abandonment, curtailment, interruption, postponement, or relocation of an ... Read the full article
Squalify launches new cyber risk quantification platform
27th January 2026
Squalify, a cyber risk quantification (CRQ) platform, has launched Essential CRQ, a streamlined CRQ offering that enables organisations to rapidly quantify their cyber risk in financial terms, requiring only minimal inputs and delivering results in as little as 24 hours. Built on Squalify’s established platform and leveraging 15 years of cyber ... Read the full article
Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation
21st January 2026
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article
Insurance CEO confidence in revenue growth down 18% for 2026: PwC
20th January 2026
PwC’s 29th Global CEO Survey has revealed that just 46% of insurance CEOs are confident about their company's prospects for revenue growth over the next 12 months, an 18% dip from 56% in 2025. The company's latest CEO survey is based on responses from 4,454 CEOs across 95 countries and territories, ... 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
CFC launches extension to its flagship cyber cover for SMEs
8th January 2026
CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive Response cover for small and medium enterprises (SMEs). This extension was developed to provide essential protection for SMEs by addressing financial losses caused by contingent business interruption (BI), such as when ... Read the full article
Cowbell announces next cycle of growth and names John Botros as CFO
7th January 2026
Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, has announced the next cycle of its organisational journey, aimed at accelerating global growth while advancing profitability and scale, alongside the appointment of John Botros as Chief Financial Officer. Building on the company’s strong performance and its recent ... Read the full article
Coalition expands cyber coverage to UK Crown Dependencies and Gibraltar
7th January 2026
Coalition, an active insurer focused on preventing digital risks, has expanded its UK operations to include organisations domiciled in the Isle of Man, Jersey, Guernsey, the remaining Channel Islands, and Gibraltar. The move marks significant broadening of the firm’s geographic footprint, allowing organisations in the UK Crown Dependencies and Gibraltar to ... Read the full article
Cyber market benefited from more-than-adequate capacity at 1.1: Gallagher Re
5th January 2026
The cyber market benefited from more-than-adequate capacity at the January 1st, 2026, reinsurance renewals, with levels far exceeding those available a few years ago, according to reinsurance broker Gallagher Re's 1st View renewal report. Ian Newman, Global Head of Cyber, and Jennifer Braney, Head of International Cyber, said that while the ... Read the full article
Model Context Protocol introduces a new phase of AI-driven cyber risk: KYND
29th December 2025
As Model Context Protocol (MCP) usage accelerates, KYND is calling on the insurance industry to rethink its approach to cyber exposure and to increase technical awareness of MCP, as it introduces a new class of systemic risk that is easy for cyber insurers to miss. Cyber risk specialist KYND has released ... Read the full article
Cyber risk to grow more systemic in 2026 as digital dependencies deepen: Coalition
24th December 2025
According to executives at Coalition, cyber risk in 2026 will be defined less by isolated breaches and more by hidden interdependencies that drive correlated, systemic loss, forcing re/insurers to demand deeper technical clarity, stronger underwriting discipline, and broader coverage responses. A host of executives from Coalition have shared their perspectives on ... Read the full article
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