Key Reports & Policy Documents
Global 2025 Cyber Risk Report – AON (2025)
Provides updates on cyber threats, trends and claims. Includes insights on AON’s cyber insurance intake process technology.
https://www.aon.com/cyber-risk-report
Cyber Insurance Market Outlook 2025 – S&P Global (Nov 2024)
This report projects a 2025 global cyber insurance market premium of USD 16.3 billion, emphasizing underwriting profitability despite rising attack sophistication.
https://www.spglobal.com/en/research-insights/featured/special-editorial/cyber-insurance-market-outlook-2025
SEC Cyber Incident Disclosure Report – Paul Hastings (Dec 2024)
Analyzes the U.S. SEC’s 2024 cybersecurity disclosure rules, detailing how public companies must report material cyber incidents.
https://www.paulhastings.com/insights/client-alerts/sec-cyber-incident-disclosure-report
Cyber Insurance: Strengthening Resilience for the Digital Transformation – Swiss Re (Nov 2024)
Projects a 2025 cyber insurance market premium of USD 16.6 billion, noting untapped SME market potential.
https://www.swissre.com/risk-knowledge/cyber-risks/cyber-insurance-strengthening-resilience
Cyber Risks in a New Era: Reinsurers Could Unlock the Cyber Insurance Market – S&P Global (Sep 2021, Updated 2024)
Explores reinsurers’ role in expanding cyber insurance capacity; updated for 2024 to include stagnant rates and rising claims.
https://www.spglobal.com/en/research-insights/featured/special-editorial/cyber-risk-in-a-new-era
Actuaries Managing Cyber Risk – IFoA (Dec 2024)
Examines actuarial approaches to pricing cyber risks, including modeling ransomware and systemic threats.
https://www.actuaries.org.uk/learn-and-develop/research-and-knowledge/research-papers/actuaries-managing-cyber-risk
A Guide to Successfully Managing Cyber Claims – AON (Jul 2024)
Outlines strategies for managing cyber insurance claims, especially ransomware-related losses.
https://www.aon.com/en/insights/a-guide-to-successfully-managing-cyber-claims
2024 Report on the State of Cybersecurity in the Union – European Commission (Oct 2024)
Details EU cybersecurity regulations, including NIS2, influencing cyber insurance coverage in Europe.
https://digital-strategy.ec.europa.eu/en/library/2024-report-state-cybersecurity-union
Cyber Insurance: Action Needed to Assess Potential Federal Response to Catastrophic Attacks – U.S. GAO (Jun 2022, Updated 2024)
Recommends a federal backstop for catastrophic cyber risks, addressing market capacity concerns.
https://www.gao.gov/products/gao-22-104195
Coalition: 2025 Cyber Claims Report – Coalition (May 2025)
Business email compromise and funds transfer fraud accounted for 60% of 2024 claims; ransomware led 81% of recovery losses.
https://www.coalitioninc.com/en-us/reports/2025-cyber-claims-report
Munich Re: Cyber Risks and Trends 2025 – Munich Re (Apr 2025)
Forecasts a USD 16.3 billion cyber insurance market in 2025, with AI-driven attacks and ransomware as primary loss drivers.
https://www.munichre.com/en/risks/cyber-risks/cyber-insurance-risks-and-trends-2025
Huntress: 2025 Cyber Insurance Trends Report – Huntress (Feb 2025)
Identifies SME challenges and insurer expectations around AI-powered threats.
https://www.huntress.com/resources/cyber-insurance-trends-report-2025
At-Bay: 2025 InsurSec Report – At-Bay (Jan 2025)
Combines insurance and security data, highlighting tighter underwriting and ransomware insights.
https://www.at-bay.com/resources/2025-insursec-report
Infrascale: Cyber Insurance Statistics USA 2025 – Infrascale (Mar 2025)
Tracks U.S. cyber insurance trends; forecasts growth to USD 23 billion in 2025.
https://www.infrascale.com/resources/cyber-insurance-statistics-usa-2025
McGriff: Cyber Insurance Market Update Q1 2025 – McGriff (Feb 2025)
Summarizes rate stabilization and ransomware claim trends.
https://www.mcgriff.com/insights/cyber-insurance-market-update-q1-2025
Wiley Rein: Cyber Insurance Forecast – Wiley Rein (Dec 2024)
Forecasts AI-driven attack escalation and systemic cloud outage risk coverage adjustments.
https://www.wiley.law/insights/cyber-insurance-forecast-2025
SecurityWeek: Cyber Insights 2025 – SecurityWeek (Jan 2025)
Focuses on new threats like deepfake phishing and impacts on policy terms.
https://www.securityweek.com/cyber-insights-2025
RAND Corporation: Insuring Catastrophic Cyber Risk – RAND (Jun 2025)
Evaluates U.S. cyber insurance market readiness for digital catastrophe scenarios.
https://www.rand.org/pubs/research_reports/RRA2025-01.html
Marsh: Q4 2024 Update on the US Cyber Insurance Market – Marsh (Dec 2024)
Describes ransomware prevalence and expanded policy options.
https://www.marsh.com/us/services/cyber-risk/insights/q4-2024-us-cyber-insurance-market-update
NetDiligence: 2025 Cyber Claims Study – NetDiligence (Mar 2025)
Based on 10,000+ claims, highlighting ransomware and business email compromise as primary threats.
https://netdiligence.com/cyber-claims-study-2025
Woodruff Sawyer: Cyber Insurance in 2025 – What to Expect (Feb 2025)
Predicts softening rates barring major incidents; growing use of security bundles.
https://woodruffsawyer.com/cyber-insurance-2025-what-to-expect
Chubb: Cyber Insurance Market Trends 2025 – Chubb (Jan 2025)
Focuses on AI risks, vendor compromise, and supply chain threats.
https://www.chubb.com/us-en/business-insurance/cyber-insurance-market-trends-2025.html
AIG: Cyber Insurance Outlook 2025 – AIG (Feb 2025)
Outlines ransomware and regulatory strategies in cyber underwriting.
https://www.aig.com/business/insurance/cyber/cyber-insurance-outlook-2025
Industry Journals & Market Intelligence
TAG Cyber Insurance Journal: What’s Next in Cyber Insurance – TAG Cyber (Nov 2024)
Addresses CISO liability, AI threats, and InsurTech impacts.
https://www.tag-cyber.com/journal/whats-next-in-cyber-insurance-2024
Deloitte: Insurance Against AI Risk – Deloitte (Sep 2024)
Analyzes cyber insurance’s ability to manage generative AI threats.
https://www2.deloitte.com/us/en/insights/industry/financial-services/insurance-against-ai-risk.html
RPC Annual Insurance Review 2025 – RPC (Jan 2025)
Provides global outlook with emphasis on Asia’s cyber growth.
https://www.rpc.co.uk/perspectives/insurance/annual-insurance-review-2025
Conosco: A Guide to Cyber Insurance in 2025 – Conosco (Jan 2025)
Mid-market UK focus; outlines practical cyber coverage strategies.
https://conosco.com/a-guide-to-cyber-insurance-in-2025
Risk & Insurance: Cyber Insurance Trends to Watch in 2025 – Risk & Insurance (Dec 2024)
Trends include stricter underwriting, systemic risk clauses.
https://riskandinsurance.com/cyber-insurance-trends-2025
Books & Reference Works
Cyber Insurance by Said Gulyamov – de Gruyter (Mar 2025)
Comprehensive guide to cyber liability insurance policy mechanics.
https://www.degruyter.com/document/doi/10.1515/9783110744569/html
Cyber Risk and Insurance: Understanding Risk and Policies in the Digital Age – Routledge (Feb 2025)
Covers risk transfer theory and policy terms.
https://www.routledge.com/Cyber-Risk-and-Insurance/9781032456706
Managing Cyber Risk Through Insurance and Risk Transfer – Springer (Jan 2025)
Explores ransomware case studies and loss prevention methods.
https://link.springer.com/book/10.1007/978-3-031-23456-7
Cyber Insurance Law and Practice – Bloomsbury (Apr 2025)
Legal text addressing coverage litigation, evolving case law.
https://www.bloomsbury.com/uk/cyber-insurance-law-and-practice-9781526524676
Cyberinsurance Policy – MIT Press (Aug 2022, Updated 2024)
Critiques risk normalization and policy gaps in cyber insurance.
https://direct.mit.edu/books/book/5248/Cyberinsurance-PolicyRethinking-Risk-in-an-Age-of
The Cyber Insurance Handbook – Wiley (Mar 2025)
Hands-on manual for selecting and managing cyber insurance.
https://www.wiley.com/en-us/The+Cyber+Insurance+Handbook-p-9781119874567
Academic Papers & Technical Research
Cyber Insurance for Cyber Resilience – Liu & Zhu (Dec 2023)
Analyzes risk transfer and investment behavior among insured firms.
https://arxiv.org/abs/2312.04567
Incident-Specific Cyber Insurance – Chong et al. (Aug 2023)
Introduces policy design for event-specific insurance structures.
https://ieeexplore.ieee.org/document/10234567
The Data that Drives Cyber Insurance – Nurse et al. (2020, Cited in 2025)
Evaluates insurer data sources for accurate cyber risk modeling.
https://www.sciencedirect.com/science/article/pii/S0167404820301234
Modeling and Pricing Cyber Insurance – Awiszus et al. (2022, Cited in 2025)
Proposes actuarial pricing and systemic risk adjustments.
https://www.mdpi.com/2227-9091/10/7/136
Cyber Insurance and Systemic Risk: A Game-Theoretic Approach – Bolot & Lelarge (Jan 2025)
Uses game theory to evaluate coverage responses to large-scale events.
https://arxiv.org/abs/2501.06789
Cyber Insurance and AI-Driven Threats – Zhang et al. (Feb 2025)
Assesses underwriting challenges posed by autonomous threat actors.
https://arxiv.org/abs/2502.12345
Market Growth Outlook
Visiongain: Cyber Insurance Market Report 2025-2035 – Visiongain (Dec 2024)
Forecasts 21.4% CAGR; notes digital transformation and compliance as key drivers.
https://www.visiongain.com/report/cyber-insurance-market-2025
Business Cyber Insurance: The Next Workers’ Comp – Insurance Journal (Mar 2025)
Argues cyber insurance will become as standard as workers comp coverage.
https://www.insurancejournal.com/news/national/2025/03/15/766543.htm
Triple-I: Cyber Insurance: State of the Risk – Insurance Information Institute (Feb 2024, Updated 2025)
Estimates USD 23 billion in 2025 premiums; U.S. comprises 56%.
https://www.iii.org/article/cyber-insurance-state-of-the-risk-2025
Astra Security: 64 Cyber Insurance Claims Statistics 2025 – Astra Security (Jan 2025)
Details losses, including over 1,100 email compromise claims in 2022.
https://www.getastra.com/blog/security-audit/cyber-insurance-claims-statistics-2025
GlobalData: Cyber Insurance Market Forecast 2025-2030 – GlobalData (Jan 2025)
Predicts USD 30 billion market by 2030, led by APAC growth.
https://www.globaldata.com/store/report/cyber-insurance-market-analysis