Cyber insurance covers only 1% of global cyber losses, DeNexus says

• Cyber insurance covers only 1% of global economic cyber losses, according to a June 2026 BIS and IAIS paper.
• Global cyber premiums reached USD 15.3 billion in 2024, double 2020 levels, but remained below 1% of property and casualty premiums.
• Market growth has stalled despite rising capacity and falling rates; estimated annual cyber losses range from USD 1 trillion to over USD 10 trillion.
• Most losses from actual attacks were claimed under property policies not designed for cyber risk, leaving industrial exposures covered but unpriced.
• Correlated extreme losses remain the core underwriting challenge, highlighting the need to quantify industrial cyber exposures through expected annual losses and tail-risk metrics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeNexus Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.