According to a 2025 report on cyber insurance trends published by
Munich Re, the global cyber insurance market totaled $15.3 billion in 2024, and is expected to reach $16.3 billion by the end of 2025. Although these amounts are substantial in an absolute sense, the 2024 market valuation represents less than 1% of the global premium volume for property and casualty insurance in 2024. Cybersecurity’s comparative lack of representation in the global insurance premium market may stem from slower growth in the cybersecurity insurance market in the past few years. However, likely as a result of continued increases in digitization, cyber events occurring more frequently, and the regulatory framework evolving, cybersecurity insurance appears poised to grow at a more sustained pace, with Munich Re predicting the global premium volume for cybersecurity to average an annual growth rate of 10% per year through 2030.