Reply to post: It's nothing "personal". It's just all about the money.

Cyber-insurance shock: Zurich refuses to foot NotPetya ransomware clean-up bill – and claims it's 'an act of war'

sanmigueelbeer Silver badge

It's nothing "personal". It's just all about the money.

Insurance company make (more) money by NOT paying claims.

Zurich has probably done the maths. To pay the claims is $100 mil. To go to court is between $5 mil and $10 mil. If Zurich lose, there's always an appeal and then drag this for another, say, 10 or so years. During that time Zurich will "reach out" and offer an out-of-court settlement for $25 mil. Still a win-win for Zurich.

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