Cyber Insurance: Rebooting Growth

Date Posted:Tue, 4th Nov 2025

Cyber insurance growth has stalled after a decade of rapid expansion. So where does the market go from here? With high-profile cyber-attacks regularly making headlines over the last 18 months, the need for protection has never been more pressing.

Cyber insurance is one of the sector's biggest success stories in recent memory. Its growth has been fuelled by an increasingly volatile threat landscape as well as a proactive market response. Today, insured companies are better protected than ever thanks to stronger governance and risk management.

But while cyber insurance's performance remains stellar, rates are falling, competition is ramping up and the market's exposure-base isn't expanding quickly enough.

Where should the market be looking to expand?

Read on for Middle East focused highlights from our latest cyber report, and download the full PDF.

1. What trends are we seeing in cyber insurance premiums?

Strengthened cyber resilience has paid off - policyholders have seen an average 22% premium reduction from the 2022 peak, especially in international markets.

2. Are cyber-attacks still a major threat?

Yes. Nearly 49% of businesses surveyed have experienced at least one cyber-attack in the past five years, resulting in €307bn in direct costs.

3. How are European markets reacting and what can Middle East and Africa learn from this?

41% of large businesses (€500m+ revenue) plan to buy cyber insurance in the next five years.

For them, cyber insurance can save €16m over 10 years – a 19% ROI.

The European data highlights an opportunity:

Organizations in Middle East and Africa should proactively assess and safeguard against cyber risks that continue to grow in frequency and cost.

4. Why is now the right time to act?

Despite rising threats and high-profile breaches, current favourable market conditions offer a strong entry point for new buyers - especially in Middle East and Africa to secure protection against financial, operational, reputational, and regulatory risks..

We're global experts in cyber insurance

Our analysis confirms the powerful role cyber insurance plays in mitigating one of the most critical threats facing businesses today.

Meeting clients’ needs requires deep sector knowledge, strong partnerships with third party experts and unrivalled relationships with (re)insurers and other capital providers. Howden’s Cyber team provides all this and more.

Get in touch:

For more information :

Thomas Cook – Regional Head of Cyber, MEA | [email protected]