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The latest business news for the Property & Casualty insurance industry



NotPetya an act of war, a cyber insurance company accused of refusing to pay

Mondelez brought a lawsuit against Zurich Insurance Group in an effort to claim a $ 100 million damages award, while an insurance claim had not been paid in the framework of a NotPetya cyber attack. The case, filed with the… Continue Reading →

Mondelez sues Zurich insurer for more than 100 million dollars in cyber attacks •

Mondelez, the American food company that owns the Oreo and Cadbury brands, is suing its insurance company, Zurich, for refusing to pay a $ 100 million claim for damages caused by the NotPetya cyber attack. The case will be the… Continue Reading →

SECP says insurers must take out cyber risk insurance

ISLAMABAD: The Pakistan Stock Exchange Commission (SECP) has issued guidelines to the insurance industry for protection against cyber attacks, saying the probability of cyber risk is now greater than ever because of the dependence increased technology for business operations and… Continue Reading →

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