Beazley Closes $300m Cyber Catastrophe Bond
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Beazley closes $300m cyber catastrophe bond
Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under PoleStar Re Ltd. It means that as of today, the insurer has $670 million in cyber catastrophe bonds and over $1 billion of cyber excess of loss cover, making it the market’s largest and most comprehensive …
Beazley Closes on $300m Cat Bond Deal
The latest from Beazley for you; Beazley, the leading specialist insurer, today announced it has closed its latest 144A cyber catastrophe bond which provides cover of $300 million. This builds on Beazley’s pioneering series of [...] The post Beazley Closes on $300m Cat Bond Deal appeared first on .
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