MURGY - Alternative Capital Not Hindering Munich Re's Cyber Growth (Yet)

Reinsurance giant Munich Re (MURGY) aims to keep a 10% share of the growing global cyber marketplace and says that alternative sources of capital are not impinging on the cyber sector, with little competition seen from ILS market sources.

Much has been made of the potential for the insurance-linked securities ((ILS)) market in backing certain types of cyber risk exposure.

For a starter, it is assumed that global cyber risks are so enormous that traditional reinsurance capital alone will not be sufficient to support them, as cyber insurance exposure grows.

While major insurers and reinsurers

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