AXIS Capital Sponsors First Cyber-Catastrophe Bond Issued in Public Debt Markets
Insurance Journal - Nov 29, 2023
For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued a $75 million so-called cat bond, sponsored by AXIS Capital, to insure against “a cyber-catastrophe event” across its main underwriting …...
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