Press Release - SEPTEMBER 04, 2019

Best's Review Examines the Impact of War Exclusions and Other Legal Trends on Insurers


CONTACTS:
 Patricia Vowinkel
Executive Editor, Best’s Review®
+1 908 439 2200, ext. 5540
patricia.vowinkel@ambest.com


FOR IMMEDIATE RELEASE

OLDWICK - SEPTEMBER 04, 2019
In September, Best’s Review focuses on several significant legal cases that are being closely watched by the insurance industry, including:


  • An Act of War?”—The war exclusion sits at the center of a legal battle between Mondelez and Zurich American, which invoked the rarely used exclusion to deny a claim for property damages caused by a cyberattack;

  • The Opioids Reckoning”—Liability insurers seek legal clarity as “unprecedented” opioid litigation draws in drug manufacturers, distributors and retailers; and

  • Opening the Door” —Insurers are concerned as states are changing or reconsidering laws allowing child sex abuse victims to sue.

The September issue also includes “Building Up Assets,” which looks at how infrastructure debt fits insurers’ portfolio needs, providing uncorrelated, investment-grade holdings especially attractive with an economic downturn looming. In addition, the issue explore how life-related insurtechs are expanding beyond distribution and underwriting in “Widening the Scope.” Best’s Rankings in this issue are the “Top 50 World’s Largest Reinsurance Groups” and the “Top US Life/Health Insurers.”

Full access to the complete content of Best’s Review is available at www.bestreview.com.

AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.