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.
Global ransomware threat rises as soft market persists
Widening cyber hygiene gap means insurers must refine underwriting strategies as soft market endures, according to analytics firm CyberCube
Cyber, geopolitics and bankruptcies push D&O risk higher for 2026
Five years of increasing numbers of bankruptcies and rising cyber losses are creating a tougher legal and regulatory environment for boards, Allianz warns
Westfield Specialty launches London cyber practice
London market carrier says the segment is ‘ripe for investment’
Cyber insurers primed for growth in 2026
After another year of very public losses, insurers are expecting increased demand for cyber cover next year
A well-structured cyber policy is an essential component of operational resilience
Recent high-profile incidents have shown the financial profile of a major cyber event can look much more like a catastrophe scenario than a routine operational loss and cyber wordings are maturing quickly in response
ASR launches Africa cyber product
Lloyd’s-backed product will provide up to $5m in coverage for African businesses with revenues of up to $100m
Santam syndicate approved for launch
Syndicate 1918 granted final approval from Lloyd’s to underwrite business incepting January 1, 2026
Turk warns Lloyd’s participants not to accelerate soft market
Managing agents need to manage the ‘inevitable slide towards the softest part of the cycle’, chief of market performance says
Beazley plans cyber ILS fund launch
Carrier plans joint venture with existing ILS provider as part of Bermuda build-out
London risks underestimating Apac cyber market: Gallagher Re
'There’s even more capacity in Apac than we realised before,' reinsurance broker's international cyber lead, Jen Braney, says
LSM names Delvos European head of cyber tech E&O
Delvos joins from Corvus Insurance, where he was managing director and led their international and European operations
Rokstone launches cyber division
Aventum-owned managing general agent hires Miller’s head of cyber to lead new unit
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