Widespread Microsoft IT outage will be the first to test cyber cat bonds
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Widespread Microsoft IT outage will be the first to test cyber cat bonds

The event could unpack issues around accumulation risk and cloud services.

By Abbie Wood
July 19, 2024
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microsoft office building ALAMY.png

The global Microsoft IT outage that has sparked havoc today will be the first to test the structure and wordings on widespread cyber event cat bonds, as risk carriers rush to assess their exposures.

There

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AnalysisCatastrophe bondsCyberHannover Re
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