Cyber insurance: market, claims and insurer requirements
Sourced data on the cyber insurance market in Brazil and worldwide, main causes of claims and the controls underwriters require.
- H1 premiums (+63.1% YoY): R$ 179,1 mi (CNseg, via CQCS/UOL)
- H1 claims paid (+348.2% YoY): R$ 77 mi (CNseg, via CQCS/UOL)
- Jan–Sep premiums (+5% YoY): > R$ 173 mi (CNseg, via Revista Apólice)
- Jan–Sep premium growth, 2021→2025: +145% (CNseg, via Revista Apólice)
- Global cyber insurance market: ≈ US$ 15 bi (Munich Re — Global Cyber Risk and Insurance Survey 2026)
- Global market projection: ≈ US$ 28 bi (Munich Re — Global Cyber Risk and Insurance Survey 2026)
- North America share: 66% (Swiss Re, via Insurance Business)
- US direct premiums (+3.5% YoY): ≈ US$ 9,5 bi (NAIC 2026 Report on the Cybersecurity Insurance Market, via Insurance Journal)
- US loss ratio (48.7 in 2024): 53% (NAIC, via Insurance Journal)
- Global cyber rate change (13th straight quarterly decline): -4% (Marsh Global Insurance Market Index, via Reinsurance News)