UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim (Ian Smith/Financial Times)

Ian Smith / Financial Times:
UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim  —  Template eyed as source of capital for ar…

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