Cyber ILS market 'yet to be tested’: panel
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Cyber ILS market 'yet to be tested’: panel

State interference is likely to be required if an attack is large enough to trigger bonds now on the market, experts say.

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In the event of a cyberattack large enough to trigger the cyber cat bonds currently on the market, state interference is likely to be required, according to Richard Gray, head of third-party capital at Beazley.

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