Beazley’s CrowdStrike loss could be $80mn-$120mn: Berenberg
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Beazley’s CrowdStrike loss could be $80mn-$120mn: Berenberg

The carrier’s cyber hours clauses and sub-limits will limit exposure, according to the analyst.

By Rachel Dalton
July 23, 2024
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Crowdstrike computer cyber outage subway.jpg

Beazley’s loss from Friday’s CrowdStrike incident could range between $80mn and $120mn, Berenberg has estimated.

Late last week, CrowdStrike’s faulty software update triggered outages for thousands of users and left the cyber market scrambling.

Earlier

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