The Source for Cyber Insurance News, Insights and Data
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
A Cyber Insurance Market – Under Construction Cyber insurance is still developing as a market. Buyers are looking for straightforward coverage, while underwriters want proof that security measures are in place. The latest Cyber Insurance News Podcast explores this tension with Max Perkins from Spektrum Labs. Perkins explains that cyber insurance is still new compared … Read more
The global cyber insurance market size is positioned for strong long-term growth, but competitive challenges are increasing for re/insuers, according to recent analyses from Market Research Future and S&P Global Ratings. According to a Market Research Future report, the cyber insurance market size is projected to expand from $13.13 billion in 2024 to $126.89 billion … Read more
Soft Cyber Market Faces Intensifying Ransomware Risk Ransomware continues to spread while cyber insurance pricing weakens, according to CyberCube’s Global Threat Briefing H2 2025. The report warns that capacity still exceeds demand after three straight years of rate decreases. Competition pushes carriers to relax premiums, limits, and cyber coverage terms. At the same time, threat … Read more
Vendors Remain the Systemic Nightmare Scenario Cyber insurance still faces its biggest unknown: a major third-party outage hitting thousands of customers at once. On the latest Cyber Insurance News & Information podcast, host and executive editor Martin Hinton talks with Peter Foster, Chairman of Willis’ Global FINEX Cyber Solutions, about that risk. Foster describes a … Read more