Henning Ludolphs, managing director, retrocession and capital markets at Hannover Re, on the issuance of a parametric cat bond

Cloud outage is one of the main risks within cyber (re)insurance and the involvement of capital markets is crucial to satisfy capacity needs in the mid- to long-term. This cover is a first step towards getting investors involved, and we envisage to grow the cover over time together with our investors

 

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