Commenting this morning alongside his firm’s results announcement, Beazley Chief Executive Officer (CEO) Adrian Cox said that a “deep pool of capital” is required to support growing demand for cyber insurance, while the company’s CUO Bob Quane noted that the capital markets are now stepping up in support.
Beazley has helped to pioneer the development of the cyber catastrophe bond market, with an impressive four transactions now listed in our Deal Directory, out of the seven private and 144A cyber cat bonds that have so far come to market.
