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US Cyber Industry Loss Index Launched by Perils, CyberAcuView

Zurich-based Perils and CyberAcuView have launched a US-focused Cyber Industry Loss Index to track losses resulting from systemic cyber incidents. The index, which includes events exceeding a $500m loss, aims to bolster capital flow in the cyber insurance market. The data gathered will support the future development of cyber risk models, according to Luzi Hitz, CEO of Perils.

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