Corporate Cyber Insurance Premiums Begin Rising Again

Latest Market Alert | 15 May 2026

Executive Summary

Reuters and Bloomberg reporting indicate that cyber insurance premiums are beginning to rise again after a period of stabilisation, driven by increasing ransomware activity, geopolitical cyber-risk concerns and larger claims severity across critical infrastructure sectors.

Why It Matters

Cyber risk is increasingly viewed as a core operational and financial threat rather than a standalone IT issue.

UK Commercial Impact

UK firms may face rising insurance costs, tighter policy conditions and greater scrutiny around cybersecurity controls during renewals.

Global Commercial Impact

Higher cyber insurance costs may increase operational expenditure and drive further investment into digital resilience and compliance frameworks.

Our View

The insurance market is signalling that cyber risk remains materially elevated despite recent improvements in underwriting profitability. Clients should expect continued pressure on cyber-governance standards.

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