The cyber reinsurance market is evolving, as Howden’s January 2025 report reveals smoother renewals with price moderation and the introduction of $250 million in capacity from nine new reinsurers. The global cyber insurance market grew by 5% in 2024, with a notable shift towards non-proportional products amid heightened concerns over systemic risks. This evolution reflects increased confidence and maturity within the sector. Source and details of the news
