No crunch of capacity in cyber, but more growth ahead: CyberCube
The buzz around cyber insurance-linked securities (ILS) is gaining speed. At the beginning of the year, Beazley spearheaded a $45 million private cyber cat bond, closely followed by Hannover Re, which completed a $100 million cyber quota share cat bond. Now, there are rumours that a significant first 144a cyber catastrophe bond issuance is around the corner.
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