Clearer cyber definitions could attract reinsurance capacity: CFC’s Burns
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Clearer cyber definitions could attract reinsurance capacity: CFC’s Burns

Abbie Day
14 September 2023
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Clearer definitions of cyber events could attract more reinsurance capacity for the cyber market and reduce the cost of the product, according to CFC’s head of cyber strategy James Burns.

Speaking at the CFC Summit 2023, Burns told delegates that a transparent classification system for systemic cyber risks, or a register defined by third party reporting akin to the National Hurricane Centre, could fix the problem of unclear and...

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