Reinsurance News

cyber risks

Standardised metrics needed to close $0.9tn cyber risk protection gap: Zurich

2nd October 2025

With the world facing a $0.9 trillion cyber risk protection gap, Zurich is calling for the adoption of standardised national cyber security metrics to close it, which would involve the collaboration between governments and the private sector. This gap highlights the vast difference between economic losses from cyber events and 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

Resilience, CrowdStrike & AWS partnership aims to reduce enterprise cyber risk

16th July 2025

Cyber risk solutions company Resilience has partnered with CrowdStrike and expanded its collaboration with Amazon Web Services (AWS) to help enterprises to proactively mitigate cyber risk and minimise material losses from cyber incidents. Customers can now leverage the Resilience Threatonomics Platform to transform security insights into financial risk mitigation strategies, potentially ... Read the full article

Gallagher Re reveals leaked data as a strong predictor of cyber insurance claims

16th June 2025

Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriting in commercial cyber insurance. Their research focuses on the development and application of the Technographic Insight ... Read the full article

British businesses increasingly adopting AI despite rise in cybersecurity risks: QBE

2nd June 2025

Most UK businesses are rapidly embracing Artificial Intelligence (AI), with 95% already using or looking into it, despite an increase in cyberthreats, with 80% of businesses in the country believing cyber risks are on the rise and over half (53%) having experience a cyber attack in the past year, QBE’s ... Read the full article

Cyber risk and environmental issues lead reputational concerns in 2024/25: WTW

27th May 2025

Willis, a WTW business, has released its Reputational Risk Readiness Survey 2024/25, highlighting a sharp rise in concerns around cyber threats and environmental challenges among global senior executives. Of the 500 respondents, 65% identified cyber risk—especially cyber-attacks—as the most significant threat to their organisation's reputation, an increase from 52% in 2023. Environmental ... Read the full article

Marsh launches Data Centre Insurance and Risk Management Services offering

21st May 2025

Insurance broker Marsh has announced the launch of its Data Centre Insurance and Risk Management Services, to support global clients across data centre and digital infrastructure lifecycle to safeguard critical assets. This new offering has been designed to address the unique challenges faced by data centre operators and related sectors, including ... Read the full article

Resilience launches new Cyber Risk Calculator

14th May 2025

Cyber risk solutions company Resilience has launched Cyber Risk Calculator, an AI-powered tool that translates cyber risk into financial terms to provide security and risk practitioners, as well as C-Suite executives, with a common, data-driven language to better understand and quantify their cyber risk. The Cyber Risk Calculator uses industry benchmarks ... Read the full article

Rising AI adoption exposes businesses to new risks: Gallagher

18th March 2025

Adoption of artificial intelligence (AI) is at an all-time high, with nearly two-thirds of businesses testing AI in the past year and half already implementing it, however, Gallagher warns that growing usage also brings new risks, including a greater likelihood of AI-related claims if not properly governed. Gallagher’s research shows that ... Read the full article

Cyber business interruption demands equal attention as other cyber risks: IUA

12th February 2025

Cyber business interruption (BI) risks should be given the same priority as information technology (IT) security controls and ransomware threats, according to a new report released by the International Underwriting Association (IUA). The report, produced in partnership with Baker Tilly, examines claims data from recent years and finds that while understanding ... Read the full article

Cyber attacks considered top business concern for 2025: Allianz

15th January 2025

Cyber incidents are considered the top risk for companies globally in 2025, according to the Allianz Risk Barometer. Business interruption is also a main concern for companies of all sizes, remaining in second place, with natural catastrophes ranking third. Geopolitical turmoil, impact of government and regulatory change, and fear of trade wars ... Read the full article

Amwins 2025 Outlook: Cyber insurance pricing set to decline by 5% as competition intensifies

27th December 2024

Amwins, a distributor of specialty insurance solutions, has published its 2025 Outlook: State of the Market Report, providing valuable insights into the shifting dynamics of the cyber insurance landscape. The cyber insurance market is facing increasing competition and shifting risk profiles, as highlighted in Amwins’ report. Pricing trends show a notable change, ... Read the full article

CFC unveils new insurance solution for mid-size to multinational tech companies

28th November 2024

Specialist insurance provider, CFC has announced the launch of a new comprehensive insurance solution which will provide coverage for technology and cyber risks faced by tech businesses with revenues exceeding $250 million. This new product, designed for mid-size to multinational tech companies, will cover costs associated with delays, mistakes, oversights and ... Read the full article

Cowbell reveals surge in supply chain attacks and rising business risks

21st November 2024

According to a new Cyber Roundup Report published by Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and mid-market businesses, companies with revenues surpassing $50 million (£40.5m) are 2.5 times more likely to experience cyber incidents. The report, based on an extensive three-year data set from over ... Read the full article