Cyber Insurance in Emerging European Markets: A Case Study of Greece and Cyprus

This paper examines the evolving cyber insurance landscape in Europe, with a focus on the emerging markets of Greece and Cyprus. Through a qualitative and exploratory approach, it analyses market trends, regulatory developments, pricing challenges, and adoption drivers. The study highlights key barriers such as limited actuarial data, unclear policy terms, and low SME awareness, while identifying opportunities for market growth through improved risk modelling, regulatory harmonization, and public–private collaboration. The findings underline the importance of cyber insurance as a critical component of digital resilience in the European cybersecurity ecosystem