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.
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
QBE appoints Insaf Idelhaj as Senior Manager, Cyber Services & Risk Engineering
15th October 2025
Commercial insurer QBE has announced the appointment of Insaf Idelhaj to the newly created role of Senior Manager – Cyber Services and Risk Engineering, supporting the delivery of QBE’s cyber insurance growth strategy. Based in Paris, Idelhaj has joined QBE’s global cyber services team and will report to Dominic Keller, Global ... Read the full article
Boards confident in cyber resilience, yet preparedness often lags: Willis
8th October 2025
Corporate boards express confidence in their cyber readiness, yet board-level data tells a different story, showing that losses are longer, broader, and costlier than leaders expect, according to a recent report by Willis, a WTW business. Willis’ Cyber in Focus 2025 report draws on over 4,650 global cyber claims and board-level ... Read the full article
HSB to protect small businesses with new cyber insurance & incident response solution
7th October 2025
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB ... Read the full article
CFC appoints John Keebler and Morgan Justice to US cyber team
7th October 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has established a new US-based cyber development team and expanded its regional presence with the appointments of John Keebler and Morgan Justice. CFC has named Keebler as its new National Cyber Development Leader. Based in Chicago, he will work closely ... Read the full article
Coalition Re unveils new early detection system for potential cyber exposures
7th October 2025
Coalition Re, the standalone cyber reinsurance intermediary of Coalition, has announced its Live Event Response offering, a new reporting capability that alerts cedants when policyholders may be exposed to an unfolding cyber event, such as a zero-day vulnerability. Diana Liu, Coalition Re’s Head of Underwriting, commented, “Most recently, we notified our ... Read the full article
Cyber insurance should complement, not replace, cybersecurity: FERMA
6th October 2025
A new Federation of European Risk Management Associations (FERMA) report, produced in partnership with Marsh and Howden, has reinforced the message that cyber insurance should not be seen as a replacement for robust cybersecurity measures, but should rather act as a "complementary tool" to help organisations manage and transfer financial ... Read the full article
Chaucer launches new cyber risk management and insurance solution
6th October 2025
Chaucer Group, a global specialty insurance and reinsurance group, has launched Vanguard, a new cyber risk management and insurance solution designed to protect organisations against an increasingly complex and evolving threat landscape. The offering focuses on complex businesses across a wide range of industry sectors, with available limits of up to ... 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
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