Beazley's CEO explained this morning that the ILS component of its new Bermuda platform will be cyber focused
Beazley plans cyber ILS fund launch | | | Beazley planning to launch cyber ILS fund under new Bermuda platform: Cox  Beazley's Chief Executive Officer Adrian Cox explained this morning that the new Bermuda platform it is launching will have a cyber insurance-linked securities focus, including a plan to launch a cyber ILS fund strategy. As we reported earlier, Beazley has deployed $500 million of capital to launch a new Bermuda platform, which includes an ILS focus. Cox said this morning, "As we've discussed many times, we believe that a deep cyber catastrophe reinsurance market is essential for the health of the cyber insurance market, and we've spent the last few years pioneering such it is now beginning to blossom, and we are well positioned to build a franchise around this, and we'll be launching a fund to do so next year." Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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