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

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

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

Insurance
26 June 2026   High-speed legal brawl puts Acrisure’s California playbook into clearer focus.
Insurance
26 June 2026   Howden Re says E&S is a stellar performer for umbrella/excess carriers.
Insurance
26 June 2026   Third-party surplus lines claims rose by nearly 40% in 2025.