tonkoshutterstock.com_2347426027

29 July 2024Insurance

CrowdStrike IT outage losses ‘unlikely to reach catastrophic levels’: Coalition CEO

The CrowdStrike IT outage is unlikely to incur major losses akin to those from natural catastrophes, chief executive of cyber insurer Coalition has said, forecasting a lower figure of losses than other preliminary estimates emerging in the market.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Commercial property rivalry curbs Kinsale premium again in Q3

23 October 2026 Property competition trims premiums while investment repositioning hits profit.

Arbol to cover risk of governments blocking data centre construction

23 October 2026 In the US, local or state government action can leave data centre developers stranded.

Willis deploys global defence initiative with military spending set to reach $6.6trn

23 October 2026 Draws on expertise across the business’s global operations in 140 countries.

More articles

Munich Re outperforms analyst profit expectations again

Commercial property rivalry curbs Kinsale premium again in Q3

Arbol to cover risk of governments blocking data centre construction

Frontier AI puts conventional cyber underwriting signals under scrutiny

Willis deploys global defence initiative with military spending set to reach $6.6trn

Moody’s sets up casualty group as liability risks outpace data

Axa XL appoints risk consulting manager for Northern Europe

Kinsale names new CFO as incumbent prepares to retire

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze