Cyber Risks, Trends & the State of the Market
The cyber threat landscape keeps moving, and the insurance market has to move with it. Martin Kreuzer, Senior Risk Manager at Munich Re, works through the shifting dynamics of cyber risk and what they mean for insurers, brokers and risk professionals in the market - from the global threat picture to real claims data to where the market goes next.
See where cyber risk is going before it reaches your book
A market update in three chapters: the global threat picture, what real claims are telling underwriters, and the reflections that help you stay ahead of it.
- Understand the major cyber risks affecting organisations worldwide.
- Recognise the technological advances shaping cybersecurity, particularly the role of AI.
- Discuss how geopolitical tension is changing the cyber threat landscape.
- Explore the regulatory pressures now landing on organisations.
- Assess the risk in digital interdependency, including supply chain exposure.
- Identify the loss drivers that will shape cyber insurance in the coming years.
Three chapters, eleven lessons
About four hours, self-paced. A final assessment, earns the certificate of completion.
01 The global cyber threat landscape
A foundational overview of the threats facing organisations worldwide, and the technology and geopolitics driving them.
02 Claims and losses in the real world
A deep dive into actual cyber claims and losses, and how those trends are reshaping underwriting and coverage strategy.
03 Market reflections and what comes next
The takeaways: the loss drivers to watch and the emerging challenges to plan around.
For people who have to price or place risk that keeps changing
A market update rather than a foundational course - it assumes you already work in or around cyber and want a current view from a reinsurance risk desk.
Underwriters
You want a reinsurer's read on loss drivers before you set terms for the coming year.
Brokers
You need a credible market view to take into client and market conversations.
Risk professionals
You are tracking systemic and supply chain exposure and want the current picture.
About this certificate course
No. This is a certificate course, which is shorter than a certification. You earn a certificate of completion, not a certification credential.
It is a market update pinned to 2025-26, so the threat and claims picture is current as at recording. The underlying loss drivers and the way to read them carry forward.
No. It is a one-off purchase, with no renewal and no maintenance fee, and your certificate of completion does not expire.
It assumes some working knowledge of the line. If cyber is new, start with Introduction to Cyber Insurance or the CIE certification, then come back to this.
The market, from a reinsurance risk desk
About four hours on where cyber risk is heading and what it is doing to underwriting. A certificate course.