Bolt: cyber exposure monitoring not a capital-loading exercise

Lloyd's latest push for syndicates to measure their cyber risk
exposures is "not a capital-loading exercise", director
of performance management Tom Bolt has told The
Insurance Insider.
In a 9 November market bulletin, Lloyd's outlined the
methodology for syndicates to calculate their aggregate exposures
across all lines of business.
The methodology involves syndicates devising at least three
internal cyber attack scenarios to calculate gross aggregate
exposure to an event.
The bulletin follows