Hannover Re sponsors first-ever cloud outage cat bond

US$13.75m Cumulus Re is modelled by Parametrix and uses a parametric trigger to protect Hannover Re against cloud outage loss accumulation in its cyber portfolio.

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Hannover re sponsors first ever cloud outage cat bond
Hannover re sponsors first ever cloud outage cat bond
Hannover re sponsors first ever cloud outage cat bond
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Hannover re sponsors first ever cloud outage cat bond

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