Cryptocurrencies

Stolen Crypto Millions Paid Back for Cents on Dollar, Guaranteed

  • Few want to talk about it, but more insurers selling coverage
  • AIG, Allianz among those taking crypto-insurance plunge
Photographer: Chritophe morin/Bloomberg
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In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it.

But according to industry insiders, there’s a hot new business that more and more firms are looking to get into: crypto insurance.