Reinsurers could face unexpected aggregation risk from outage: GC
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Reinsurers could face unexpected aggregation risk from outage: GC

The broker warned that D&O and P&C policies could also be impacted by the outage.

By Abbie Day
July 22, 2024
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Photo: Alamy

System-failure losses as a result of the recent Microsoft outage will be in scope for traditional proportional and aggregate structures, which respond to all causes of loss, according to an event analysis report from Guy Carpenter.

However,

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