Cyber catastrophe bond news

Solidum Partners AG, the Swiss insurance-linked securities (ILS) investment manager, has revealed that while it has not yet invested in cyber catastrophe bonds, the company is closely monitoring the market as it continues to develop.

According to a new report released by Lockton Re, the reinsurance arm of the privately held independent insurance broker, the capital markets are a critical aspect for the continued growth of the cyber reinsurance market.

Over time, capital market investors are expected to play an important role as a key element in ensuring there is sufficient cyber reinsurance and retrocession capacity, to support the expansion of cyber insurance limit around the globe, Moody’s Ratings has said.

While 2025 has been quiet so far in the 144A cyber catastrophe bond market, interest in this risk class continues to rise and Brittany Baker, VP of Solution Consulting at CyberCube told us that investors are increasingly working the peril into their investment and fund mandates to be ready when the next issuance comes.

With the catastrophe bond market seeing eleven new sponsors enter the space so far this year, the trend highlights how involvement in the market has become more acceptable, and how sponsors are increasingly comfortable with cat bonds overall, according to Brad Adderley, Partner at global law firm Appleby.

Beazley’s Group Chief Underwriting Officer Paul Bantick explained this morning how the company has prepared itself to respond to the evolving cyber threat landscape, laying out the importance of its reinsurance and cyber insurance-linked securities (ILS) protection, while also providing an insight into its exposure to recent events.

According to a new report authored by Tom Johansmeyer, Global Head of Index Classes, at broker Price Forbes Re, addressing the need for liquidity is starting to make an impact towards the various constraints that currently stand that are limiting the rapid adoption of cyber catastrophe bonds.

CyberCube, a specialist modelling firm for cyber risks and exposures, has launched Portfolio Manager Version 6 (PMv6), the latest version of the organisation’s catastrophe model that empowers portfolio-level insights.

Cyber risk could eventually stand alongside U.S. wind and U.S. earthquake as the catastrophe bond market’s third peak peril, according to a recent commentary from global independent alternative and active investment management firm, Man Group.

Reinsurance broker Guy Carpenter has announced the hire of former Moody’s Insurance Solutions cyber risk modelling and analytics specialist Damini Mago, as its new North American Head of Cyber ILS.