Swiss Re weighs up threat of Millennium Bug.
Liability insurance is likely to represent the largest exposure to year 2000 claims, according to re...
Liability insurance is likely to represent the largest exposure toyear 2000 claims, according to reinsurer, Swiss Re. In a report published
last month the reinsurer specifically highlighted directors and officers
policies as being the highest risk - especially where they offer cover for
the manufacturers of hardware and software.
Bruno Porro, chief reinsurance and risk officer at Swiss Re, said that the
loss frequency in the insurance market will undoubtedly increase as a
result of millennium
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