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.
Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO
25th November 2025
Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today that within its cyber risks division, premiums are down 8% for 9M'25 from 6% at ... Read the full article
MPs urge expansion of government reinsurance schemes as cyber threats rise
24th November 2025
The Business and Trade Committee, responsible for scrutinising the Department for Business and Trade, has urged the Government to urgently expand reinsurance schemes like Pool Re to support private markets and bolster business resilience, particularly against cyber threats. In its Eleventh Report of Session 2024–26, the Committee underscored re/insurance as a ... 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
Rokstone launches Cyber division and hires Debbie Hobbs
19th November 2025
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the launch of a dedicated Cyber division, alongside the appointment of Debbie Hobbs. Global demand for Cyber protection continues to rise amid escalating threat activity, tightening regulatory expectations and the growing digital dependency across all sectors. Rokstone’s new unit will ... Read the full article
TMK appoints Cesar Silvestre as Head of Cyber Reinsurance Solutions
18th November 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Cesar Silvestre as Head of Cyber Reinsurance Solutions. The appointment follows TMK’s September launch of its enhanced flagship cyber offering, TMK Cyber Ctrl, which includes expanded products and revised wordings, such as the new Professional Ctrl policy ... Read the full article
CyberCube and Envoy Insure partner to embed cyber analytics in broker workflows
17th November 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has entered into a Strategic Technology Ecosystem Partnership with Envoy Insure, a digital distribution platform for insurance brokers. Under the partnership, CyberCube’s analytics will be embedded directly into brokers’ workflows, providing real-time cyber risk insights during multi-carrier quote comparisons. Envoy Insure will ... Read the full article
Willis appoints new cyber leaders in Asia
13th November 2025
Willis, a WTW business, has announced the appointments of Conor Keating as Head of Cyber, Asia, and Carlos Grijalva as Head of Cyber Sales, Asia, effective immediately. Based in Singapore, Keating transitions into his new role from his previous position as Cyber Growth Leader at Willis. He has more than nine years ... Read the full article
Aviva appoints Richard Taylor as Head of Cyber & Tech E&O
3rd November 2025
British insurer Aviva has announced the appointment of Richard Taylor as Head of Cyber & Tech E&O. Following Aviva’s acquisition of Probitas Holdings (Bermuda) Limited for a consideration of £249 million in July 2024, Taylor takes on a wider role within the Aviva Group, leading all Cyber and Tech E&O ... Read the full article
Gallagher Re’s new framework to align APAC cyber reinsurance demand with global capacity
3rd November 2025
Global reinsurance brokerage Gallagher Re has launched an innovative framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region. This initiative aims to align the growing demand for cyber reinsurance in APAC with global capacity, offering a flexible and comprehensive solution to meet the region’s unique needs. Gallagher ... Read the full article
CyberCube estimates preliminary AWS outage loss range of $38-581m
24th October 2025
CyberCube, a provider of cyber risk analytics for the re/insurance industry, has estimated a preliminary loss range of $38 million to $581 million for the Amazon Web Services (AWS) outage, which the firm has nicknamed “Amazonk”. This estimate follows the release of CyberCube’s Security Incident Report (SIR) for the event, ... Read the full article
Jaguar Land Rover attack most economically damaging cyber event to hit UK: CMC
23rd October 2025
The Cyber Monitoring Centre (CMC) has disclosed that the recent cyberattack targeting Jaguar Land Rover (JLR) inflicted an estimated £1.9 billion in financial damage across the UK and disrupted more than 5,000 organisations, marking the most economically devastating cyber incident in the nation’s history. For those in need of a reminder, ... Read the full article
AWS outage could represent a moderate cyber re/insurance event: CyberCube
22nd October 2025
In a new Security Incident Report (SIR) created following the Amazon Web Services (AWS) outage, CyberCube, a provider of cyber risk analytics for the re/insurance industry, highlights the systemic risk from concentrated cloud-provider dependencies, revealing the exposure of digital ecosystems to a single cloud region/critical service failure. CyberCube’s SIR report explained, ... Read the full article
MS Amlin signs multi-year deal with CyberCube to advance cyber growth strategy
20th October 2025
Lloyd’s global insurer and reinsurer MS Amlin has signed a multi-year contract with CyberCube, a provider of cyber risk analytics for the re/insurance industry, to leverage its tools in support of the growth of its cyber portfolio and treaty business. MS Amlin will utilise CyberCube’s Portfolio Manager, Attritional Loss Model (ALM), ... Read the full article
Closing cyber protection gap a critical societal responsibility: Munich Re
17th October 2025
Munich Re has warned that the sizeable cyber insurance protection gap, which directly exposes individuals and businesses, makes closing the gap and bolstering cyber resilience not just a strategic priority for the insurance industry, but a "critical societal" responsibility. Speaking at its 2025 Baden-Baden breakfast briefing, Munich Re underscored the scale ... Read the full article
Resilience broadens Tech E&O reach across US, UK, and EU markets
17th October 2025
Cyber risk specialist Resilience has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to include clients with revenues above $25 million in the US, £50 million in the UK, and €25 million in the EU. The expansion builds on Resilience’s existing coverholder partnership with Lloyd’s, through which the ... Read the full article
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