Lloyd’s adds risk codes for cyber breach/property damage, SRCC
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Lloyd’s adds risk codes for cyber breach/property damage, SRCC

Rachel Dalton
06 July 2023
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Lloyd’s has issued a fresh batch of risk codes for use from 2024 onwards, singling out various risks within cyber, strikes, riots and civil commotion (SRCC) and active assailant classes.

In an update yesterday, the Corporation added RY, the new code for cyber security data and privacy breach, and RZ, for cyber security property damage, both to be used within treaty reinsurance.

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Rachel Dalton
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