ILS cyber reinsurance won’t mature fully until clearing cat bar: AM Best

16-03-2023

ILS cyber reinsurance won’t mature fully until clearing cat bar: AM Best

Matthew Mosher, CEO of AM Best

First steps towards ILS reinsurance backing of cyber risks show viable steps towards investor-friendly solutions, but won't prove their mettle until a cat-sized event clears an untested bar, with a mere $1 billion event looking “difficult,” analysts at AM Best have indicated.


Beazley, Hannover Re, Coalition, Ferian Re, Reinsurance, Cyber, ILS, Alternative Risk Transfer, Cyber Catastrophe, AM Best, US, Global

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