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Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening. -
Jamie Smith joined Arch in 2018, taking on the senior underwriter role in 2022.
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Debbie Hobbs joined Miller in 2021 from EmergIn Risk.
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Michael Shen will be succeeded by deputy Camilla Walker.
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Manuel Perez will continue in his ongoing role as head of cyber for LatAm.
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Pryor-White founded Tarian Underwriting, which was sold to Corvus in 2022.
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The protection gap must be closed before a public cyber reinsurance scheme is possible.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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Cyberattack/data breach remains in the top slot.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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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.
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Assurex’s global independent broker network pumps $4bn of premium into the London market.
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The company was hit with a data breach on July 16.
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