Market crash poses biggest threat to Boston economy, report finds


A market crash would inflict greater damage on Boston’s economy than other catastrophes, including a cyberattack and a human pandemic, according to a new assessment from a giant of the global insurance industry.

Boston’s gross domestic product would suffer an immediate $810 million hit in the event of a market crash, said the report, which was compiled by U.K. insurance marketplace Lloyd’s of London and based on research from the University of Cambridge.

That number represents less than…

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