NU Online News Service, May 2, 2:31 p.m. EDT

The death of Osama bin Laden will have no immediate impact on the terrorism insurance market, but any reprisal could change all of that quickly, a broker says.

President Obama announced last night that the much-sought-after leader of Al Qaeda was killed in a military operation yesterday in Pakistan, where U.S. intelligence had tracked him down in a sprawling compound in Abbottabad.

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