Cyber Insurance

Top News about Cyber Insurance

Another Large UK Company Caught with Inadequate Cyber Insurance? The Co-operative Group Appears Underinsured.

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The Co-operative Group is a British operator of retail stores, funeral homes and other businesses. Like Marks and Spencer, another major UK retailer, the Co-op, which generates billion-of-dollars in yearly revenue, has been hit with a major cyber attack. But compared to Marks and Spencer, the Co-op appears to be grossly underinsured for cyber threats. … Read more

Jaguar’s New Tagline is “Copy Nothing,” but its Cyber Insurance Disaster Suggests “Penny Wise, Pound Foolish” Might be More Apt

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Jaguar Land Rover, also known as JLR, was hit with a cyber attack last month that forced the company to shut down its tech systems and assembly lines, with billions-of-dollars of damages and lost sales potentially far exceeding JLR’s pre-tax profit last fiscal year. Sounds like time for the car maker’s cybersecurity insurance policy to … Read more

As Cyber Insurance Growth Stalls: Report Shows Europe Key to Rebooting Market

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Cyber insurance growth has stalled after a decade of rapid expansion. So where does the market go from here? That’s the central question of Howden’s new report, Cyber Insurance: Rebooting Growth. The analysis warns that the once red-hot market now faces slowing momentum, even as cyber threats rise. Yet, it also points to new frontiers—especially … Read more

Diversification and Mitigation Slash Cyber Insurance Losses by 60%

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Planting More Than One Crop Against Cyber Storms A farmer who plants only corn risks losing the harvest if blight strikes. A diverse field, with wheat and beans mixed in, weathers trouble better. CyberCube’s new report says insurers face the same choice. Diversifying cyber insurance portfolios and strengthening cybersecurity controls protects against catastrophic losses. A … Read more

Cyber Claims 2025: Allianz Report Shows 50% Drop in Claim Severity but Rising Risks

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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

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