14-04-2016 12:52 via insuranceinsider.com

MP suggests broadening Pool Re to include cyber

The UK's Pool Re scheme could be expanded to include cyber
cover, according to the MP for the cities of London and
Westminster.
Writing in City AM this morning (14 April), Mark Field
MP said that UK businesses and infrastructure remained exposed to
cyber attacks and highlighted that no product had yet been designed
to insure against the risk.
However, rather than creating a standalone Cyber Re, industry
and government could instead look at a broader catastrophe pool
that could...
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