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PERILS unveils US cyber loss index with CyberAcuView

PERILS and cyber insurance organisation CyberAcuView have unveiled a US cyber industry loss index. The index comprises confirmed primary cyber market losses from systemic cyber incidents affecting multiple insurers and policyholders, amounting to over $500 million. Loss estimates will be updated quarterly for up to three years following the event’s conclusion. The loss data will subsequently be made available for risk transfer products like insurance-linked securities.

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