Business · Companies · 2 hrs ago
Japan insurers see surge in cyber insurance inquiries
Japan’s major nonlife insurers are receiving more cyber insurance inquiries as data breaches and cyberattacks draw attention to the risks businesses face.
The increase involves Tokio Marine and Sompo Japan, according to the information available.
Cyber insurance compensates companies for losses caused by cyberattacks.
Japan has seen a string of high-profile attacks and data leaks since early October.
Interest is rising even among small and midsize businesses, not only larger firms.
The information does not say whether the inquiries will lead to more companies buying coverage.
Major Japanese nonlife insurers are receiving a surge of inquiries about cyber insurance.
Tokio Marine and Sompo Japan are among the insurers seeing more consultations.
A string of high-profile cyberattacks and data leaks has occurred in Japan since the beginning of October.
The recent breaches have heightened interest in cyber insurance, including among small and midsize businesses.
Cyber insurance compensates companies for losses caused by cyberattacks.
- Who
- Major Japanese nonlife insurers, including Tokio Marine and Sompo Japan.
- What
- They are seeing a surge in inquiries about cyber insurance.
- When
- The increase is reported on November 3, 2026, amid breaches since the beginning of October.
- Where
- Japan.
- Why
- Recent cyberattacks and data leaks have heightened interest in coverage.
This story does not have two clearly opposing sides.
Japan has seen a string of high-profile cyberattacks and data leaks.
Major Japanese nonlife insurers were reported to be seeing a surge in cyber insurance inquiries.
- Insurers
- Tokio Marine and Sompo Japan
- Market
- Japan
- Recent incidents
- High-profile cyberattacks and data leaks since the beginning of October
- Coverage
- Compensates companies for losses caused by cyberattacks