Ratings house Moody's has upgraded the financial strength rating of Swiss Re's primary insurer citing diversification benefits and brand recognition as reasons for the one-notch increase.
Existing cyber liability policies in the market will not respond to property damage or bodily injury claims, according to speakers at the Reactions Cyber Risk Forum in New York last week.
Integro has lured a duo of professional liability brokers from its larger rival Marsh to place cover for law firms, the firm announced today (2 March).
The Mars product recall that led to the withdrawal of chocolate bars from shops in 55 countries is not commercially insured, The Insurance Insider understands.
