Beazley closes $140m 144A cyber cat bond PoleStar Re
London-listed specialist insurerBeazley has closed its first 144A cyber catastrophe bond providing cover of $140 million. This is Beazley’s inaugural 144A bond and builds on its groundbreaking $81.5 million cyber catastrophe bond programme of 2023.
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17 November 2021 Beazley is anticipating a 40 percent uplift in gross written premiums in the Asian region. The firm’s Lucien Mounier told Intelligent Insurer what the company is doing right in a region that offers so much opportunity.