CrowdStrike & Cyber Cats: How much is hyperbole?

The Political Risk Podcast

27-08-2024 • 36 mins

The CrowdStrike outage is the latest cyber event to leave underwriters fearing unforeseen catastrophe scenarios and questioning cyber risk aggregations. But could the dramatic headlines and re/insurance buzz about cyber cat be a whole lot of hyperbole? Tom Johansmeyer, global head of index classes, Price Forbes Re, and a POLIR PhD candidate at the University of Kent, Canterbury, certainly thinks so.