CrowdStrike highlighted cyber cat bond uncertainty, AM Best says. What about the tail? – Go Health Pro
The global IT outage caused by a defective software update from CrowdStrike has highlighted the “persistent uncertainty” in the cyber catastrophe bond and insurance-linked securities (ILS) asset class, rating agency AM Best said, also highlighting that there is uncertainty surrounding the tail and potential for loss development, which it seems is misunderstood.On CrowdSrike, AM Best … Read more
