Why cyber + climate equals huge risks

For insurers and reinsurers, the collision of perils shows up as aggregation. You can cluster exposure by postcode (coastal data centres, transmission corridors, telecoms exchanges) and by codebase (shared cloud regions, common vendors). Either way, the same storm that degrades cooling can stretch incident-response teams, extend outage durations beyond cyber waiting periods and push a portfolio over its clash assumptions. The paper advocates multi-peril stress testing that spans property, cyber, casualty and professional liability, and it flags combined catastrophe solutions that recognise both perils as cat-grade.