Hannover Re: Hannover Re Renews Cloud Outage Catastrophe Bond, Structured by Parametrix
Hannover Re has renewed a cyber catastrophe bond that provides $20 million worth of retrocessional protection against the accumulation of losses caused by a sustained cloud-outage event during 2025-2026. Cumulus Re II is 45% larger than the first iteration of ...
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Hannover Re provides property, casualty, life and health reinsurance services to individuals and businesses.
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