Cyber Insurance Market Growth and Peak Peril Status
At the ILS Bermuda Convergence 2025 conference, a panel discussion centered on the potential of cyber insurance to reach peak peril status.
The speakers emphasized the importance of ongoing education efforts as the cyber market continues to expand.
- The cyber insurance market is growing, sparking interest in incorporating capital markets.
- Insurance-linked securities (ILS) can play a significant role in this evolving business line.
The panellists agreed that cyber will eventually become a peak peril, but it has not yet reached that point.
Moderator Jo Syroka, Director of New Markets at Fermat Capital Management, led the discussion on the industry's path to achieving peak peril status.
Author's summary: Education is crucial for the growing cyber insurance market.
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