Day: January 16, 2024

Swiss Re: $50m cyber ILW is “novel and complementary” retro cover

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Swiss Re secured $50 million of cyber industry-loss warranty (ILW) cover recently in a transaction that the broker involved, Gallagher Re, is hailing as the first cyber retrocession ILW ever traded. The transaction was supported by a number…

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