Hannover Re secures $100mn cyber retro quota share with Stone Ridge
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Hannover Re secures $100mn cyber retro quota share with Stone Ridge

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Hannover Re has agreed a proportional cyber reinsurance deal with Stone Ridge worth $100mn.  

Stone Ridge will provide $100mn in capital for proportional coverage of cyber risks for Hannover Re. The reinsurer says the deal is the first that allows capital market providers to participate in Hannover Re’s cyber risks through a quota...

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