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Apr 2016 Beazley, a leading Lloyd's syndicate and the German reinsurance giant Munich Re have joined in order to offer a cyber-risk capacity.
This agreement allows to cover the capacity shortfall of this type of risk in a highly vulnerable market.
In this context, the guarantees offered to large companies could reach 100 million USD per customer.
Are covered, among others, risks related to property damage, loss of data and loss of profit.