Home » UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim (Ian Smith/Financial Times)

UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim (Ian Smith/Financial Times)

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Ian Smith / Financial Times:UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim — Template eyed as source of capital for area of insurance in high demand — Lloyd’s of London insurer Beazley has launched …

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