RISK RADAR · THEME
Cyber
Systemic or accumulation cyber events, ransomware and extortion trends, attacks on critical infrastructure, cloud and IT outages, cyber war, the limits of cyber insurability.
ARGUS’S READING Rising · PHP vulnerabilities, reported attacks and precautionary shutdowns expose shared software dependencies across cyber portfolios.
AI and technologyClimate and natureGeopolitics, conflict and tradeCyberEnergy and the transitionSocial and legalFinancial and macroHealth, pandemics and longevityNatural resources and foodUnder the radar
NowClaims and pricing
UK councils and Met Police among sites pulled offline after NCSC alert ↗
Mass exploitation of a widely used web flaw creates accumulation cyber exposure across many insureds at once.
NowClaims and pricing
NAIC Report Finds Cyber Insurance Market Has Nearly Tripled Since 2020 as Cyber Risk Grows Oct. 21, 2026 ↗
NAIC data show the cyber market nearly tripled since 2020 as cyber risk grows, raising accumulation questions for carriers.
NowClaims and pricing
AI Accelerates Cyber Threat Landscape, Poses New Risks for Insurers and Businesses ↗
Cyber losses shift toward operational disruption and fraud as AI speeds attacks, reshaping cyber underwriting.
NowClaims and pricing
Health insurance data breach affects nearly half of France’s population, privacy regulator warns ↗
A mass breach at a health insurer raises cyber accumulation and regulatory exposure for health books.
NowClaims and pricing
Lockton warns of physical loss exclusions after French supermarket cyberattack ↗
Cyber-triggered refrigeration losses prompt physical-loss exclusions, a silent-cyber gap for property cover.
1–3 yrsClaims and pricing
Travelers to share more cyber insurance risk with other insurers ↗
Insurers spreading cyber risk more widely signals accumulation concerns for standalone cyber books.
1–3 yrsClaims and pricing
Bosses ‘need to know AI risk’ as power grows ↗
Regulators want cyber frameworks covering AI-driven threats, signalling a growing peril for financial firms.
NowClaims and pricing
Singapore firms face mounting cyber risks, with 60% of ransomware-hit organisations reporting AI-enabled attacks. Meanwhile, 52% experienced business disruption or revenue loss, whilst 47% faced cancelled cyber policies or higher premiums. ↗
Ransomware victims report AI-enabled attacks and costlier or cancelled cyber cover, signalling a worsening peril.
NowClaims and pricing
Brokers say cyber policies typically do not cover physical losses such as those from the French supermarket fridge hack
Cyber-triggered physical damage sits outside typical cyber cover, exposing a gap between cyber and property wordings.
NowClaims and pricing
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt ↗
Cyber rates are falling as AI-enabled attacks rise, a pricing gap for cyber underwriters.
NowClaims and pricing
State-sponsored attacks and the cyber cover question for brokers ↗
State-backed cyber attacks test exclusion wordings, leaving SMEs under-insured as AI-enabled attacks grow.
1–3 yrsClaims and pricing
Cyber insurance limits and ransomware reporting under scrutiny ↗
A new privacy tort and ransomware reporting duties question whether cyber policy limits still hold.
NowClaims and pricing
TMK Takes a Deep Dive into Claims Across Asia-Pacific Region ↗
APAC claims increasingly driven by downtime and supply-chain dependencies, a rising loss trend for property and BI writers.
NowClaims and pricing
NFU Mutual Sounds Alarm on Cyber Threat for UK Businesses ↗
Recent attacks on airports and brands signal elevated cyber attack exposure for UK business cover.