Guy Carpenter launches new cyber product to manage risk volatility

Guy Carpenter launches new cyber product to manage risk volatility

This combination enables CatStop+ to offer low-attaching catastrophic protection, reducing the potential for basis risk. The design of CatStop+ effectively navigates the challenges faced by cyber re/insurers, achieving an equilibrium between coverage for peak perils, tail risk protection, and cost-effectiveness, it stated. Additionally, it clarifies the process of recovering losses from severe cyber events.

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