The cyber reinsurance sector has entered a “hard market”, meaning that while demand has spiked, capacity is low and underwriting terms more stringent.
Cyber ILS: On the edge of a breakthrough?
![Cyber IPCD.jpg](https://assets.euromoneydigital.com/dims4/default/a45ecf8/2147483647/strip/true/crop/700x394+0+0/resize/840x473!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa7%2F47%2F61ec0c1144fb94765afa86d0d376%2Fcyber-ipcd.jpg)
The cyber reinsurance sector has entered a “hard market”, meaning that while demand has spiked, capacity is low and underwriting terms more stringent.