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Reinsurance News: Pool Re upsizes retrocession program to £2.1bn, includes cyber terror

Pool Re, the UK reinsurance pool, has renewed cyber terrorism insurance based on a study by the Centre for Risk Studies. The study identified 40 potential cyber terrorism scenarios which may impact a UK terrorism insurance portfolio. The report looked at situations of different gravity in 10 exposure categories including property, aerospace, construction, transport, energy and healthcare.

Read the full article [reinsurancene.ws]