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Axa XL looks to measure cyber attack-related losses

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Bermuda-based insurer and reinsurer Axa XL has expanded its partnership with U.S.-based Guidewire Software Inc to quantify cyber-attack-related financial losses for firms across the world, The Royal Gazette reported. Guidewire's risk-modeling platform also helps Axa to predict the probability of a cyber attack and to create and price new products to cover cyber risks.

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