Gallagher Re Reports 32% Drop in Cyber Aggregate Excess of Loss Rates

Gallagher Re Reports 32% Drop in Cyber Aggregate Excess of Loss Rates

First seen 31 Jan 2026, 06:50 UTC IntelligentinsurerBusinessinsurance 27.3

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Gallagher Re reported a 32% decrease in rates for cyber aggregate excess of loss coverage as of January 1 renewals. This decline is attributed to a significant oversupply in the market, impacting the reinsurance sector. The drop reflects changes in risk assessment and pricing strategies within the cybersecurity insurance landscape.