Gallagher Re Targets APAC Cyber Sector with Adaptive Reinsurance Structure
Gallagher Re has introduced a new cyber reinsurance framework that offers a flexible structure supporting various reinsurance models—including facultative and treaty—and products like cyber, technology errors and omissions, and cyber property damage. This framework aims to address the growing and diverse needs of the APAC market.
Framework Features and Market Focus
According to Gallagher Re, the framework is designed to link cyber capacity directly with demand across all market segments, from personal lines and small to medium enterprises, to midmarket and large corporations. It provides a foundation for developing cyber solutions tailored to varying market conditions and client requirements.
Adaptability and Structure
The framework supports multiple structures such as white labeling, facultative, and treaty, creating a modular system adjustable to local market needs for both reinsurers and cedants. Initial expectations include minimum lines of $15 million for facultative reinsurance and at least $10 million for white labeling and treaty placements.
Gallagher Re stated that growth in the cyber market will depend on tapping international markets and developing new products rather than focusing solely on saturated regions.
The company emphasized the framework’s ability to enable the industry to “mine for growth” rather than “pan for growth,” promoting a more sustainable approach to cyber capacity development.
With this new structure, Gallagher Re positions itself to better support the evolving cyber risk landscape in the APAC region.
Author's summary: Gallagher Re’s flexible cyber reinsurance framework targets APAC’s diverse market by linking capacity to demand and enabling sustainable growth through modular, adaptable structures.