Cyber Insurance Market Size to Approach $120 Billion by 2032? So Says Bullish New Report on Growth in Cybersecurity Insurance

Credence Research’s March 2026 report provides one of the more aggressive recent estimates, valuing the global cyber insurance market size at $20.88 billion in 2024, projected to reach $118.97 billion by 2032 with a CAGR of 24.3% over the 2025–2032 period. This high base-year figure and elevated growth rate assume continued expansion of demand for … Read more

Cowbell Launches Cyber Insurance Program In Australia With Zurich Backing

Cowbell has entered the Australian cyber insurance market, rolling out a new standalone policy for small and mid-sized businesses on Zurich Australian Insurance Ltd’s paper. The company said its Prime One programme targets SMEs with annual turnover of up to A$100 million. Cowbell will use its AI-driven underwriting platform and in-house claims capabilities. At the … Read more

Cyber Liability Insurance Boost: Blackpanda–ST Engineering Seek To Speed SME Breach Response in Asia

The Asia-Pacific region now accounts for 34% of global cybercrime incidents in 2024. With that figure in mind, Blackpanda and ST Engineering have announced a regional collaboration on cyber incident response. The agreement links cyber liability insurance with faster breach response for small and mid-sized enterprises across Asia. New Collaboration Targets SME Cyber Risk in … Read more

Cyber Insurance Market Size is Growing Fast But Cyber Insurance Rates Are Shrinking?

We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marsh’s Global Insurance Market Index, reports global … Read more

India’s K.M. Dastur Taps CyberCube to Strengthen Cyber Insurance Capabilities

India’s cybersecurity concerns are rising amid digital growth, and new insurance tools aim to address evolving threats. K.M. Dastur Reinsurance Brokers has partnered with CyberCube to adopt the Broking Manager platform to improve cyber risk management for Indian businesses. This marks a significant development in India’s expanding cyber insurance landscape. CyberCube’s Broking Manager helps brokers … Read more

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