Cyber Insurance Captives and ILS (Insurance-Linked Securities) Cyber Vehicles Multiply in Bermuda: BMA

We’ve discussed other findings from the recent Bermuda Monetary Authority (BMA) report, but we’re also struck by the increase in cyber insurance captives and cyber ILS vehicles documented by the financial regulator. The growth of Cyber Insurance Captives and Cyber ILS (Insurance-Linked Securities) is all related to the growth of reinsurance in the cyber market; … Read more

Market Growing at Sizzling 22.6% CAGR: Cyber Insurance Market Analysis from Data Bridge

Data Bridge estimates the “Third Party Cyber Insurance Market” was worth $7.7 billion in 2022 and will reach $39.5 billion (numbers rounded) by 2030—a look at this latest cyber insurance market analysis. This is a less aggressive estimate than some other cyber insurance market analysis, such as IMARC’s projection the market will reach $85 billion … Read more

Cyber Cat Bonds Hold Up in Secondary Market; More Expected

Cyber cat bonds issued over the last year are trading above par, “(a)n indication that these bonds are sought after in the secondary market and have not seen spread widening, but in fact have seen spreads tightening,” Dirk Schmelzer, Head Portfolio Manager ILS/CAT Bonds and Partner at Plenum Investments AG, told Artemis, a provider of … Read more

Cyber Insurance Market is expected to grow at a CAGR of 23.5% – Report

According to a study by Evolve Business Intelligence, the global Cyber Insurance Market, valued at USD 18.2 billion in 2023, is poised to experience a robust 23.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. The market is dominated by North America, while the Asia Pacific region is poised to achieve the highest CAGR … Read more

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