Conditions are right for cyber ILS to take flight: Lockton Re
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Conditions are right for cyber ILS to take flight: Lockton Re

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The cyber market has reached the point where the much-debated potential of ILS to transform cyber insurance can now start to take off, a report from Lockton Re has said.

The broker identified four factors that have developed enough to create fertile conditions for cyber ILS.

They are convergence on trigger type, improved understanding of the perils, better data enabling access to cyber cat risk and a growing consensus around...

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