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.

AXA XL names Sophie Farhane as Global CUO, Cyber Direct & Indirect

15th September 2025

AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Sophie Farhane as Global Chief Underwriting Officer (CUO), Cyber, Direct and Indirect. In this role, Farhane will oversee AXA XL’s cyber insurance portfolio, driving strategy, enhancing profitability, fostering innovation, and strengthening relationships with partners and ... Read the full article

We need to focus on actively selling cyber insurance, says Munich Re’s Golling

9th September 2025

During RVS 2025 in Monte Carlo, Stefan Golling, Member of the Board of Management at Munich Re, urged the re/insurance industry to step up efforts in actively selling cyber insurance and related services, particularly to clients who currently lack access. Golling said, “In cyber insurance, I don't want to call a ... Read the full article

Cyber insurance market maintains strong growth, says Guy Carpenter

9th September 2025

According to Guy Carpenter’s Global Specialties Market Update, the cyber insurance market continues to expand, with both supply and demand showing consistent upward momentum despite short-term market pressures. Guy Carpenter notes that the direct cyber market is experiencing growth across all regions, industries, and company sizes, even as pricing remains under ... Read the full article

Lockton Re outlines strategies to drive cyber insurance growth through 2030

8th September 2025

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insurance market over the next decade, highlighting the innovations in product design, capital allocation, and ... Read the full article

Munich Re continues to expect attractive business opportunities at January renewals

7th September 2025

Munich Re, one of Europe's big four reinsurance companies, is still expecting attractive opportunities at the key January 1st, 2026, reinsurance renewals, emphasising that traditional capital remains the backbone for risk transfer in a world where annual insured losses from natural catastrophes consistently exceed $100 billion. In a press release and ... Read the full article

Cyber insurance faces rate deterioration and reduced organic growth: Swiss Re

3rd September 2025

Despite a fast-evolving cyber threat landscape, Swiss Re reports that cyber insurance rates have deteriorated for a third consecutive year, leading to growth estimates being revised down from 6% to 5% compound annual growth rate (CAGR) from 2023 onward. Between 2017 and 2022, global cyber insurance premiums grew at double-digit rates, ... Read the full article

CyberCube launches Exposure Manager to transform cyber portfolio assessment

2nd September 2025

CyberCube, a provider of cyber risk analytics, has launched Exposure Manager (XM), a first-of-its-kind tool that enables re/insurers to efficiently evaluate cyber risk across entire portfolios with powerful, quantified data. CyberCube said the launch marks “the beginning of a new era in cyber insurance,” delivering transparency into portfolio-level exposures and risk ... Read the full article

Cyber incident response planning a key control in reducing cyber risk: Marsh

28th August 2025

Cyber incident response planning has emerged as a key cybersecurity control in reducing the likelihood of a breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that organisations that regularly engage in tabletop exercises and scenario-based breach response drills are ... Read the full article

CyberCube and Supercede partner to streamline cyber reinsurance placements

26th August 2025

CyberCube, a provider of cyber risk analytics, has partnered with Supercede, the reinsurance technology platform, to power faster, smarter cyber reinsurance placements. The strategic partnership allows brokers and carriers to send high-quality, structured submission data directly from Supercede into CyberCube’s analytics platform—eliminating manual formatting and streamlining the process from submission to ... Read the full article

Coalition launches its Active Cyber Insurance in France

20th August 2025

Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. With capacity provided by Allianz Commercial via Allianz Global Corporate & Specialty SE (AGCS) - in a multi-year agreement - Active Insurance is now ... Read the full article

Resilience appoints Michelle Worrall as Global Director of Insurance Product

13th August 2025

Resilience, a provider of cyber risk solutions, has announced the appointment of Michelle Worrall as Global Director of Insurance Product. Based in Chicago, Worrall will report to Maria Long, Chief Underwriting Officer, and will be responsible for expanding Resilience’s insurance products and strengthening its ability to tailor solutions to the evolving ... Read the full article

Cyber incidents in APAC up 29% in 2024: Aon

12th August 2025

According to findings from Aon's 2025 Cyber Risk Report, cyber incidents in the Asia Pacific (APAC) region in 2024 rose by 29% year-over-year, and have increased by 134% since 2020. The insurance and reinsurance broker's report reveals that, in 2024, cyber insurance claims notifications increased by 22% across APAC, and due ... Read the full article

MSIG USA partners with Coalition to launch new cyber insurance for US

7th August 2025

MSIG USA, a provider of specialty commercial insurance solutions, has strategically partnered with Coalition, an active insurer focused on preventing digital risks, to launch a new cyber insurance offering for its US clients. The new program offers primary cyber coverage for multinational businesses purchasing insurance coverage from MSIG USA internationally and ... Read the full article

Shadow AI emerging as a major cyber threat, warns Consilium

7th August 2025

Shadow AI is emerging as a significant threat to businesses, responsible for 20% of data breaches and adding an average of $670,000 to breach costs for organisations with high levels of shadow AI, according to Consilium in the 2025 IBM Cost of a Data Breach Report. Shadow AI refers to the ... Read the full article

Aon names Eric Seyfried as MD within Cyber Solutions group

28th July 2025

Global insurance and reinsurance broker Aon has announced the appointment of Eric Seyfried as Managing Director (MD) within its Cyber Solutions group. Based in New York City, Seyfried will report to Brent Rieth, Global Cyber Leader at Aon. He will also serve as a strategic advisor on the Cyber Solutions leadership ... Read the full article