Lockton Re executes ILW covering property cat and cyber risks in a single limit
Reinsurance broker Lockton Re has successfully executed what the firm believes is the first industry-loss warranty (ILW) that combines property catastrophe and cyber risk triggers within a single limit structure for a protection buying client. The innovative structure utilises a trigger from PERILS AG, working with with CyberAcuView as the index provider for cyber risk, […]