Swiss Re: Extreme Cyber Accumulation Is Too Big For Private Capital

Cyber Insurance News story on cyber accumulation risk showing a glowing network with one red node spreading through its links

Swiss Re Institute read the risk disclosures of 91 Fortune-100 companies. Ninety-eight percent of them name cyber attacks as a risk to their business. No risk in the study appeared more often. With the London School of Economics, it compared filings from 2019 and 2026. Cyber attacks topped the list in 2026, up from 91% … Read more

IGI Backs A Cyber Reinsurance MGA Built To “Lead”, Not Follow

International General Insurance has taken a 60% stake in Cipher Underwriting Ltd, a Bermuda-based cyber treaty reinsurance managing general agent. Cipher will be led by Ari Chatterjee, who built Hannover Re’s cyber unit in Bermuda and was later chief underwriting officer at Envelop Risk. Of the news, Chatterjee said, “We are privileged to partner with … Read more

Tokio Marine Kiln Names Ben Sitki to Expand Cyber Reinsurance Capabilities

Tokio Marine Kiln (TMK) has named Ben Sitki as an underwriter on its Cyber Reinsurance Solutions team, effective immediately. This appointment supports TMK’s continued growth in cyber reinsurance after launching its cyber treaty offering in November. Sitki will report to Cesar Silvestre, Head of Cyber Reinsurance Solutions. “We’re delighted to welcome Ben to the team. … Read more

Cyber Reinsurance Shifts in 2026 as Capital and Innovation Surge – Guy Carpenter

Cyber Reinsurance Moves to the Center of the 2026 Renewal Cycle Cyber risk changed how the industry talks about reinsurance in 2026. Guy Carpenter’s January 1, 2026, Reinsurance Renewal Report shows that cyber reinsurance is evolving faster than other major lines. Prices dropped, structures became stricter, and more capital entered the market. Reinsurers moved cyber … Read more

CyberCube Launches Exposure Manager to Enhance Cyber Risk Assessment

New Platform for Cyber Insurance Market – CyberCube has launched Exposure Manager (XM), a platform designed to evaluate cyber risk across entire insurance portfolios. The tool offers quantified exposure data and is already adopted by leading global (re)insurers. Addressing Cyber Risk Gaps Insurers and reinsurers previously relied on static summaries and fragmented views. XM replaces … Read more

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