Munich Re America has developed a cyber-reinsurance treaty for US property and casualty insurers. These can protect their cyber risks portfolio underwritten with small and medium-size enterprises which are the targets of 72% of cyber attacks [4] in the United States.
The treaty offers 15 million USD in reinsurance capacity. The reinsurer also offers its clients technical expertise and risk management tools.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fmunich-re-launches-cyber-reinsurance-treaty&text=Munich+Re+launches+cyber-reinsurance+treaty
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fmunich-re-launches-cyber-reinsurance-treaty&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/training-up-against-digital-shock
[4] https://www.atlas-mag.net/en/article/the-worst-cyber-attacks-of-the-years-2016-and-2017