Cyber cat bonds: After a successful start, where next? - Artemis ILS NYC 2024 Session 4

Episode 152,   May 22, 02:20 PM

This fourth podcast from our ILS NYC 2024 conference features a panel discussion focused on cyber risk and looks ahead to the potential for cyber catastrophe bond activity to grow, titled: Cyber cat bonds: After a successful start, where next?

This panel discussion was the fourth session of the day at our Artemis ILS NYC 2024 conference, held in New York on February 9th 2024.

ILS NYC 2024 was Artemis' largest insurance-linked securities (ILS) conference to-date, with over 410 registered attendees enjoying insightful debates from our expert speakers, as well as valuable networking opportunities throughout the day.

Attendees came from more than 30 countries across the globe to hear thought-provoking insights from insurance-linked securities (ILS) market leaders, all under the theme of "Growing into the higher return environment."

This fourth podcast from our ILS NYC 2024 conference features a panel discussion focused on cyber risk and looks ahead to the potential for cyber catastrophe bond activity to grow, titled: Cyber cat bonds: After a successful start, where next?

The panel discussion was moderated by Joanna Syroka, Director of New Markets, Fermat Capital Management.

She was joined by: Kyle Freeman, Head of ILS, AXIS Capital; Brittany Baker, VP, Solution Consulting, Cybercube; Richard Pennay, CEO of Insurance-Linked Securities, Aon Securities; and Richard Gray, Head of Third Party Capital, Beazley.

With the first 144A cyber catastrophe bonds issued towards the end of 2023, this conference was the first international event where some of those directly involved in these breakthrough deals got to discuss them and gave their outlook for future cyber cat bond issuance.

The panellists explored the important considerations that had helped those first 144A cyber cat bonds be successful and how investor interest was cultivated for them.

They went on to explore the future potential of the cyber catastrophe bond market, asking what needs to happen to keep it growing, what the future demand for protection from the cat bond market could look like and how much capital support there is expected to be.

Listen to the full podcast episode of this cyber catastrophe bond focused panel discussion for unique insights into those first cyber cat bond deals, and what speakers expect for this new ILS market segment in the future.