2025-12-03 · Source: Reinsurance News
Summary in 3 Points • Ransomware spreading to emerging markets • CyberCube report highlights digitalisation risks • Re/insurers focus on efficiency and margins --- Ransomware is expanding beyond its traditional regions, infiltrating emerging markets, as detailed in CyberCube's report titled "Applying Analytics and Threat Intelligence to Grow in a Soft Market." The report underscores a significant shift in the **threat landscape**, with ransomware increasingly targeting regions like **Latin America** that are experiencing rapid **digitalisation** but have uneven cyber defenses. This expansion highlights the growing strategic importance of these regions in the global cyber threat environment, posing new challenges for **re/insurers** who must adapt to these evolving risks. For the London Insurance Market, this development emphasizes the need for enhanced **risk management** strategies and the prioritization of **efficiency** and **margin stability**. As ransomware threats grow in emerging markets, underwriters and brokers must reassess their **cyber insurance** offerings to address these new vulnerabilities. The insights from CyberCube's report can guide insurers in refining their **risk assessment** models and adapting their coverage strategies to maintain competitive advantage and profitability in a soft market.
For the London Insurance Market, this development emphasizes the need for enhanced risk management strategies and the prioritization of efficiency and margin stability. As ransomware threats grow in emerging markets, underwriters and brokers must reassess their cyber insurance offerings to address these new vulnerabilities. The insights from CyberCube's report can guide insurers in refining their risk assessment models and adapting their coverage strategies to maintain competitive advantage and profitability in a soft market.