Cyber products can no longer be called short tail, according to Lloyd’s CUO Rachel Turk.
The tail on cyber is “expanding” and making the product more complicated, Turk said at an industry event held by Lloyd’s and Aon.
“Cyber
Cyber products can no longer be called ‘short tail’: Lloyd’s Turk
Cyber is more in the one- or two-year loss development camp, the Lloyd’s CUO said.