CrowdStrike event unlikely to impact (re)insurer results: Fitch Ratings
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CrowdStrike event unlikely to impact (re)insurer results: Fitch Ratings

Insured losses in the single-digit billions would not translate into a material impact for (re)insurers.

By Danielle Ling
July 22, 2024
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New York, New York, USA. 19th July, 2024. A screen at JFK Airport Terminal 1 displays a blue recovery mode message after a faulty Microsoft update by the cybersecurity company, Crowdstrike led to widespread computer outages, grounding numerous flights. (C
Photo: Alamy

The CrowdStrike software event is unlikely to have a material impact on global (re)insurer financial results, Fitch Ratings has said.

Preliminary

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