21-02-2017 14:33 via insuranceinsider.com

Zurich leads $120mn Ukraine civil war loss

Zurich is the lead insurer on a $120mn political risk claim
caused by the conflict in Ukraine, The Insurance
Insider understands.
The insured is food conglomerate Cargill, one of the world's
largest privately held corporations.
Cargill had to abandon a sunflower crushing plant near Donetsk,
Ukraine, in July 2014, and the site was occupied by armed intruders
shortly afterwards.
In August 2014 there were reports that the facility was damaged
by a missile strike.
Sources said that the impacted poli
Read more »