Cyber events have no significant impact on stock markets: GC
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Cyber events have no significant impact on stock markets: GC

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Guy Carpenter has said there is a “lack of clear connection between any observable historical cyber events and a stock market downturn,” in a report aiming to address ILS market concerns over the potential correlating nature of cyber risk.

The broker said it had studied the financial market impact cyber events in a bid to dispel fears among ILS managers and their end investors that cyber risk correlated to financial market risk.

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