Cyberattacks have been a great business line for insurers selling cover against digital hijackings. But this lucrative opportunity has inevitably attracted greedy new entrants who’ve put downward pressure on pricing and profitability. Cue falling valuations for the specialist cyber insurers and now a takeover bid for a FTSE-100 player at an eye-catching premium.
Cyberattacks have been a great business line for insurers selling cover against digital hijackings. But this lucrative opportunity has inevitably attracted greedy new entrants who’ve put downward pressure on pricing and profitability. Cue falling val… [599 chars]
Source: Bloomberg | Published: 2026-01-23T08:16:52Z
Credit: Bloomberg
