Merck reaches settlement with insurers over $1.4bn NotPetya cyber attack
Reinsurance News - Jan 10, 2024
It’s been reported that pharmaceutical giant Merck & Co. Inc. and its insurers have reached an agreement over the $1.4 billion in losses Merck alleged it suffered from the NotPetya cyberattack in 2017. Bloomberg Law reported last week that Merck struck an 11th-hour settlement with its insu...
Recommended Articles
Posted: Oct 10, 2025
According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is se...
Posted: Oct 10, 2025
According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US prope...
Posted: Oct 10, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced t...