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1 November 2023Insurance

No crunch of capacity in cyber, but more growth ahead: CyberCube

The buzz around cyber insurance-linked securities (ILS) is gaining speed. At the beginning of the year, Beazley spearheaded a $45 million private cyber cat bond, closely followed by Hannover Re, which completed a $100 million cyber quota share cat bond. Now, there are rumours that a significant first 144a cyber catastrophe bond issuance is around the corner.

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More on this story

Alternative Risk Transfer
11 September 2023   Beazley and Hannover Re’s landmark cyber ILS deals set the stage for a new era of risk transfer: CyberCube.
Insurance
7 August 2023   Reinsurer partners with CyberCube to enable better risk selection and pricing.
Alternative Risk Transfer
29 November 2023   Axis CFO says the transaction will serve as a template for the cyber cat bond market.