Investors wary of cyber risk having ‘learned the hard way’ in nat cat
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Investors wary of cyber risk having ‘learned the hard way’ in nat cat

Liz Bury
24 August 2022
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Growth in cyber ILS will be slow in the short-to-medium term despite the market offering investors an opportunity similar to that in natural catastrophe risk in the 1990s, S&P Global Ratings has said.

The agency noted that investors had “learned the hard way they can be exposed to perils they had not fully modelled and/or priced for”, hence their reluctance.

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