Cyber Insurance Claims Surge: BEC and Fraud Top Coalition’s Report on 2024 Insurance Claims

Coalition’s newly released 2025 Cyber Claims Report outlines key cyber trends that shaped the digital threat landscape and influenced insurance outcomes for its policyholders across 2024. The report reveals that business email compromise (BEC) and funds transfer fraud (FTF) dominated claims, accounting for 60% of all incidents. Coalition notes its proactive “Active Insurance” model played … Read more

“Bright” Future Forecast For Cyber (Re)Insurance Market

Cyber Reinsurance Growth Picks Up Speed The cyber (re)insurance market is on the rise. Capacity and innovation have grown after hard market years in 2021–2022. According to Howden Re’s 2025 “Into the Cyberverse” report, confidence is returning. Non-proportional coverage is replacing traditional quota share deals. Buyers now focus on protecting against catastrophic tail risk, not … Read more

2025 Cybersecurity Trends – AI Risks and Soaring Attack Costs

Netwrix 2025 Cybersecurity Trends Report Reveals AI Is Reshaping Global Security Strategies Netwrix has published its 2025 Cybersecurity Trends Report, it highlights how artificial intelligence (AI) demands shifts in security strategy, cloud adoption, and insurance requirements. The findings note a rise in attack costs and underscore the need for organizations to adapt as cyber threats … Read more

Cyber Insurance in 2025: Trends to Know from RSM’s Latest Cybersecurity Report

Middle Market Cybersecurity Breaches Decline But Risks Persist Cyber risks are growing more complex, yet data breaches in the U.S. middle market have decreased. According to RSM US LLP’s 10th Annual Cybersecurity Special Report, 18% of middle market companies experienced a breach in the past year. That’s down from 28% the previous year. Still, experts … Read more

Sharp Drop in US Cyber Insurance Premium Rates Signals Market Pressure in 2025 – Fitch

Fitch Ratings reports that US cyber insurance premium rates continue to decline for the third consecutive quarter. Premiums are expected to remain under pressure unless a major cyber event occurs. In 2024, cyber insurance remained profitable. However, direct written premiums fell for the second year. The drop stemmed from reduced rates and fewer active policies. … Read more

×