Cloud Outage is the next risk class primed for ILS risk transfer
Download the white paper ILS instruments to cover a catastrophic cloud outage present a low-correlation, diversifying, and highly attractive insurance-linked investment opportunity, according to the MGA. NEW YORK — February 16, 2023 — Parametrix, the leading provider of cloud downtime insurance, is working to bring to market Insurance-Linked Securities (ILS) transactions which would protect ceding re/insurers against …
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