21 February 2018

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Merck cyber claim could be ‘game changer’

9 October 2017

A potential claim from US pharmaceutical giant Merck in relation to June's NotPetya cyber attack could be a "game changer" for the cyber (re)insurance market, according to participants at this year's Inside FAC Monte Carlo Roundtable.

Merck is in the process of weighing up whether to file a claim under the terms of its property policy, with roundtable participants in general agreement that if this does proceed it could be a significant moment for the wider cyber market.

It is...

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