Cyber Exclusions and Nation State Actors – Burden of Proof Issues?
By Mikel Pearce In a recent Market Bulletin dated 16 August 2022 [1], Lloyd’s has set out its requirement that any standalone cyber policy issued by or underwritten by a Lloyd’s Syndicate must contain an exclusion which is sufficient to exclude any losses arising from a “state backed cyber-attack”. This is to be in addition … Cyber Exclusions and Nation State Actors – Burden of Proof Issues?