Reinsurance News
cyber security
Experian forecasts advanced cyber threats for 2026
9th December 2025
Experian, an information services company specialising in credit reporting and fraud prevention, has released its 2026 Data Breach Industry Forecast, providing an outlook on the rapidly evolving cyber threat landscape. The report anticipates that 2026 may see a rise in increasingly sophisticated cyberattacks powered by artificial intelligence, coupled with growing threats ... Read the full article
BOXX to help businesses & individuals build resilience with Cyberboxx Assist
24th November 2025
Insurtech firm BOXX Insurance has launched a comprehensive suite of cybersecurity tools and services that have been designed to build digital resilience. Cyberboxx Assist is a robust suite of tools designed to help businesses and individuals not only predict, prevent, and respond to cyber attacks but also to mitigate the risk ... Read the full article
Hiscox report reveals widespread underinsurance among SMEs
10th November 2025
Specialist insurer Hiscox has published its first Global Protection Gap Report, highlighting the persistent issue of underinsurance among small and medium-sized enterprises (SMEs). According to Hiscox, nearly three-quarters of small businesses worldwide are unnecessarily exposed to risk due to insufficient insurance coverage. SMEs account for around 50% of global economic activity, making ... Read the full article
Human error causes 60% of cyber insurance incidents and businesses losing days of operations: HDI Global
10th November 2025
In its latest report, HDI Global, an international industrial insurer based in Hannover, analyses how companies can better manage cyber exposure and strengthen resilience. The report draws on the expertise of David Bartolini, Head of Cyber Risk Engineering Tech at HDI, who oversees the insurer’s global cyber risk engineering activities and ... Read the full article
Insurers and asset managers strengthen cybersecurity oversight and expand budgets: Moody’s
9th October 2025
A survey conducted by Moody’s, the credit rating, research, and risk analysis firm, finds that cybersecurity remains a high priority for insurers and asset managers worldwide. The survey, which included responses from 102 companies across both sectors, indicates that organisations are adopting a multi-layered approach to cyber defence, with boards of ... Read the full article
At-Bay reveals new cyber insurance solutions for ransomware and financial fraud
2nd October 2025
At-Bay, a provider of cybersecurity-driven insurance solutions, has launched two new offerings aimed at giving mid-market and small businesses stronger protection against ransomware and financial fraud. The solutions combine enterprise-grade managed security with enhanced cyber insurance policies, offering coverage features that are uncommon in the industry, including automatic flat renewals and ... Read the full article
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
Munich Re-backed Squalify expands into US with new client and platform updates
18th July 2025
Squalify, a cyber risk quantification platform supported by reinsurer Munich Re, has entered the US market, securing its first significant customer and releasing updates to its platform aimed at expressing cyber risk in financial terms. The Munich-based company, licensed to use Munich Re’s cyber risk quantification model, is extending its presence ... Read the full article
Intersys launches in India to strengthen brokers cyber portfolio
18th July 2025
Intersys, a cyber security and IT services provider, has launched operations in India, based in Mumbai, to help brokers and insurers grow cyber portfolios by strengthening policyholder resilience. Under the leadership of Tanmay Gore, Director of Intersys India, the Mumbai office is addressing a significant market issue: the challenge for organisations, ... Read the full article
Cyber reinsurance capacity grows by $250m amid 5-15% rate declines in H1’25: Lockton Re
16th July 2025
Lockton Re, a reinsurance broker specialising in cyber risk, has released its update on the cyber reinsurance market for the first half of 2025. Their analysis reveals key trends and movements driven by shifts in pricing, capacity, and underwriting strategies shaping the evolving cyber insurance landscape. Lockton Re reports that the direct ... Read the full article
Insurance Europe calls for streamlining EU cybersecurity regulations
26th June 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, is welcoming the European Commission’s review of the Cybersecurity Act (CSA), a move aimed at simplifying regulations and easing the administrative burden on companies. Launched in April 2025, the CSA review aims to address the fast evolution of technology and ... Read the full article
McGill and Partners introduces cyber insurance specifically designed for Battery Energy Storage Systems
17th June 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems become more interconnected and ... Read the full article
US cyber insurance market remains profitable amid slower growth in 2024: Fitch
21st May 2025
Fitch Ratings, a provider of credit ratings, commentary, and research, reports that the US cyber insurance market continued to deliver strong underwriting profits in 2024, even as the pace of premium growth began to slow. According to Fitch Ratings, property and casualty insurers saw their third consecutive year of profitable results ... Read the full article
AXA XL partners with cyber security expert Darkweb IQ
6th March 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has partnered with Darkweb IQ to help businesses strengthen their cyber security practices. Darkweb IQ is a cybersecurity firm that specialises in protecting companies from cyber threats such as ransomware, data theft, and third-party risks. By collaborating ... Read the full article
Third-party risk emerges as key driver of cyber insurance claims & losses in 2024: Resilience
28th February 2025
In 2024, third-party risk emerged as a primary driver of cyber insurance claims and significant financial losses, according to new data from Resilience, a provider of cyber risk solutions. As businesses become increasingly reliant on interconnected systems and a broad range of software vendors, third-party risks have become a critical yet ... Read the full article
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