Cyber
Cyber remains a major opportunity for global specialty re/insurers with premiums rocketing in recent years. Awareness of the risks posed by cyber is also rising, with companies taking action to ensure ‘silent’ cyber is not present within business written across several other classes of business. While several re/insurers are actively growing their position in the cyber market, this class has yet to be tested by a major catastrophic loss event. Understanding the risk potential of cyber exposures is vital as the market continues to grow.
Warnings of increased cyber threat as Iran crisis persists
There has been an increase in the frequency of attacks originating from Iran, although the attacker’s playbook remains largely unchanged, experts say
The growing threat of deepfakes to perpetuate frauds in Asia
The evolving threat brings heightened exposure across multiple classes, along with opportunities to develop innovative cyber‑resilient frameworks and coverage models
Marsh expands Cyber Echo to $200m
Facility has placed $55bn in premiums since 2016
Arch promotes Fernández to head of cyber for Europe
Rafael Ortiz Losada appointed head of cyber for Iberia
Growing cyber risks expose limits of global insurance market
Escalating cyber threats fuelled by ransomware, artificial intelligence and geopolitical tensions are outpacing the insurance industry’s ability to respond, Munich Re warns
AI boom creating new aggregation risk: CyberCube’s Methven
The push for organisations to adopt artificial intelligence into their workflow has rapidly made some AI tools ‘significant points of aggregation’, according to CyberCube CEO
Syndication is key to unlocking the casualty market: Scor’s McDonald
Scor Business Solutions is targeting growth in European casualty business this year, the unit’s chief executive says
Majority of cyber insureds refuse to pay ransomware: Coalition
The cyber underwriter saw the severity of claims lessen in 2025, despite an uptick in frequency
Gallagher Re urges more efficient cyber coverage
Gallagher Re says the future of efficient cyber tail protection may lie in multiperil reinsurance solutions
Iran a threat to 12% of critical US firms: CyberCube
CyberCube has identified that 12% of ‘critical’ US firms are at high risk from Iranian cyber threats
Cyber and casualty are concerns in the soft market: Axa XL’s Guénot
The insurer’s head of Southern Europe, Julien Guénot, worries about cyber risk volatility and loss deterioration in casualty lines
AI preparedness lags as cyber attacks accelerate
Majority of companies lack confidence in managing artificial intelligence threats, Aon survey finds, as compromised credentials account for more than half of breaches investigated by Beazley
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