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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030. -
The deal will be watched closely by Radian’s handful of similar peers.
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Global pricing is now 22% below the mid-2022 peak.
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The report highlighted the gap between insured and uninsured attacks is widening.
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Lockton Re has predicted major growth in the global cyber insurance market.
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The MGA is backed by three Lloyd’s syndicates, offering capacity limits of up to $10mn.
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The relationship between growth and capital is “symbiotic”, the broker said.
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Being conservative and stable is the name of the reinsurer’s game.
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Stefan Golling also said Munich Re’s appetite for agg covers was unchanged.
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It is understood that CyberCube has been considering a sale of the business.
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Growth in the SME sector could help stabilize the market, however.
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Cyber reinsurance supply has continued to outstrip demand during 2025.
