The Source for Cyber Insurance News, Insights and Data
Compared to the same period last year, cyber claim severity dropped by more than 50% in early 2025, according to Allianz Commercial’s new Cyber Security Resilience 2025 report. The findings highlight stronger defenses among insured firms, but also reveal expanding risks from data theft, supply chain disruption, and privacy litigation. Claims Decline in Severity, but … Read more
Aon’s latest renewal snapshot spans many lines and regions. This article highlights the key points from the broader report on cyber insurance and provides brief context on other lines. Cyber Insurance Market Tone: Resilient, With Stabilizing Rates Aon reports a resilient cyber market after ten straight quarters of rate decreases. The rate environment now shows … Read more
Cyber insurance claims are rising fast, with ransomware and business email compromise (BEC) driving record losses. NetDiligence’s 2025 Cyber Claims Study, based on 10,402 claims between 2020 and 2024, highlights how costs and downtime are hitting businesses harder than ever. The report paints a stark picture: small and medium enterprises (SMEs) face surging recovery and … Read more
Cyberattacks are costing businesses millions – 88% of global cyber losses now tied to claims above $1 million, according to AXA XL. Analysis of more than 300 incidents reveals a stark reality: ransomware alone drives over 60% of recent large claims, with ransom demands spiking to an average of $32 million in 2023. The report, … Read more
Cyberinsurance Claims Drop While Ransomware Grows Costlier – Resilience’s 2025 Midyear Cyber Risk Report paints a stark picture. Cyberinsurance claims fell 53% in the first half of 2025 compared to 2024. But the cost of ransomware claims rose 17%. “Fewer incidents escalate to incurred losses, but when they do hit, they’re hitting harder,” said Jeremy … Read more