Insurers have so far counted US$170m in preliminary claims, but the country may need up to US$5bn, or around 10% of GDP, to rebuild after the disaster.
Clients buying cyber cover brokered by Marsh will receive round-the-clock scanning of external infrastructure at no extra charge across Asia, excluding China.
The city will fund half the premium, up to 1m yuan (US$150,000) per company each year, and has launched an SME package where 9,800 yuan buys 5.5m yuan of cover.