Cyber risks continue to morph and grow rapidly around the world, spurring ever-increasing demand for insurance that addresses the risks at hand. Executive SummaryExperts from Aon Benfield and Willis Re sound off on cyber risk for reinsurers and how they are responding to the changing market.
Some broker experts who follow the sector see reinsurers eager to grow to help insurers meet those market demands. Others see reinsurers holding back and not growing at the same rate as their insurer counterparts, based on worries over what the market has become. These changes are in play, they say, both for reinsurers who cover those cyber insurers writing cyber specifically and reinsurers covering property writers who may have cyber exposures under their policies.