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.
Heightened risk of severe cyberattacks amid Middle East conflict: S&P
12th March 2026
According to S&P Global Ratings, cyber-risk analytics firms have reported heightened activity by threat actors and affiliated hacktivist groups since the outbreak of the Middle East war, including distributed denial-of-service attacks, phishing campaigns and attempts to compromise corporate networks and critical infrastructure. With this in mind, the rating agency said there ... Read the full article
BreachRx launches cyber incident response management warranty with $3m in coverage
12th March 2026
BreachRx has announced the launch of BreachRx CIRM Warranty, an industry-first cyber incident response management warranty offering up to $3 million in executive and corporate cyber incident liability protection backed by a global insurer. BreachRx is the first platform built to run cyber incident response as a governed, enterprise‑wide business process. The ... Read the full article
Property-cyber blended structures emerge as solution to costly tail risk: Gallagher Re
5th March 2026
While capacity remains plentiful for standalone cyber reinsurance, tail layers remain expensive due to high capital charges, model uncertainty and systemic risk, prompting a search for more efficient structures, with Gallagher Re arguing that blending cyber tail risk with uncorrelated property catastrophe exposures in shared-limit structures could materially reduce pricing ... Read the full article
CyberCube flags elevated cyber risk from Iran following US-Israel strikes
5th March 2026
As tensions rise in the Middle East, CyberCube has issued a call to action for cyber insurance carriers, urging them to use threat-intelligence-informed analytics to assess and manage exposure to potential cyber operations by Iranian threat actors. A new blog, authored by William Altman, CyberCube’s Director of Cyber Threat Intelligence Services, ... Read the full article
UIB to strengthen cyber insurance capabilities with CyberCube partnership
23rd February 2026
United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has partnered with CyberCube, a provider of cyber risk analytics, to strengthen its cyber insurance capabilities and accelerate growth across Latin America and Asia. As part of this collaboration, UIB will adopt CyberCube’s Broking Manager and Prep Module to enhance ... Read the full article
Cyber insurance rates decline despite surge in claims: Lockton
12th February 2026
Cyber insurance premiums have fallen despite an increase in cyber incidents and rising claims, marking a “rare divergence between underlying risk and insurance pricing,” according to a recent report from insurance broking group Lockton. During the 12 months ending August, organisations experienced a 129% increase in ‘nationally significant’ cyber security incidents, ... Read the full article
Chris Methven takes over as CyberCube CEO
9th February 2026
CyberCube, the cyber risk modeling and analytics firm, has appointed Chris Methven as its new Chief Executive Officer (CEO), succeeding Pascal Millaire who has transitioned to Senior Advisor. Millaire has led CyberCube since its creation and steps down as CEO with the company well positioned to deliver on its goals. Methven joined ... Read the full article
Cyber-related fines reveal widening gap between regulatory risk & insurable protection: Aon
4th February 2026
Businesses located or operating across EMEA face increasing exposure to cyber-related fines and penalties as enforcement becomes more assertive, while the insurability of these fines remains uncertain and varies by jurisdiction, according to a joint report by global broker Aon and law firm A&O Shearman. The report highlighted that as cyber ... Read the full article
TMK grows cyber reinsurance solutions team with new hire
3rd February 2026
Ben Sitki joins specialist insurer Tokio Marine Kiln (TMK) as an Underwriter within its Cyber Reinsurance Solutions team. Bringing nearly two decades of re/insurance experience to his new position, joining TMK from Guy Carpenter, where he most recently served as Senior Vice President. Prior to this he also held positions at ... Read the full article
Interesting to see what happens to demand amid surge in non-traditional lines: Flandro, Howden Re
2nd February 2026
David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, said the firm expects non-traditional lines to outpace the broader P&C market through 2030, and will be closely monitoring what happens to reinsurance demand. In a recent video interview, ... Read the full article
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
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