Event could be the most significant single insured loss in 20-year cyber insurance history, but does not match extreme scenarios modelled by insurers, says CyberCube.
The initiative celebrates Singapore's 59th National Day and provides coverage for critical illness and accidental death, while also providing a teleconsultations benefit.
There is a wide variation in how cyber insurers deal with non-malicious outages like CrowdStrike and as a result making loss estimates for the software failure is difficult.
Global product will cover carbon credits with delivery dates up to five years in the future, helping to support the development of a more liquid forward market.
