Beazley ILS investors ‘delighted’ at ‘very, very small chance’ of loss: Cox
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Beazley ILS investors ‘delighted’ at ‘very, very small chance’ of loss: Cox

The carrier estimates the total industry loss for the Microsoft/CrowdStrike outage at around $1bn-$2bn.

By Catrin Shi
August 08, 2024
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Beazley’s ILS investors were “delighted” to know that there is a “very, very small chance” that they will be called on because Beazley’s loss from the Microsoft/CrowdStrike outages is going to be very contained, the firm’s CEO Adrian Cox...

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