Insurer Beazley launches first catastrophe bond for cyber threats

Insurer Beazley launches first catastrophe bond for cyber threats

Lloyd’s of London insurer Beazley has launched the first cyber catastrophe bond, opening up one of the fastest-growing areas of the underwriting industry to investors as companies and governments seek to shield themselves from ransomware strikes.카지노사이트 The $45mn private bond will pay out to Beazley if total claims from a cyber attack on its clients…