CrowdStrike outage insured losses to range from $540m to $1.08bn, says Parametrix
Reinsurance News - Jul 24, 2024
The CrowdStrike linked IT global outage is estimated to have an insured loss range of $540 million to $1.08 billion, according to Parametrix, a provider of cloud monitoring, modeling, and insurance services. For those who need a reminder, the outage, which took place on July 19, was caused by a secu...
Recommended Articles
Posted: Oct 06, 2025
HDI Global, a commercial and specialty lines insurer, has announced the roll out of HDI ARGOS 4.0 (A...
Posted: Oct 06, 2025
Global reinsurer Hannover Re has announced the appointment of Alexander Hagen as General Manager, ta...
Posted: Oct 06, 2025
A new Federation of European Risk Management Associations (FERMA) report, produced in partnership wi...