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Recommendation for Cyber-Catastrophe Scheme to promote UK Cyber Competitiveness

www.insurereinsure.com
August 13, 2015

A recent report entitled “Promoting UK Cyber Prosperity: Public-Private Cyber-Catastrophe Reinsurance” issued by Long Finance examines the potential effects of cyber-catastrophe events on the economy. The report, available here, recommends the creation of a public-private cyber-catastrophe reinsurance scheme, or an extension to the existing terrorism pool, in order to promote competitiveness of the UK for cyber businesses.

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