A survey from RIMS indicates nearly half of risk managers expect terrorism coverage limits to decrease if TRIA is not re-authorized and a quarter of them believe this would terminate terrorism coverage entirely.
A survey from RIMS indicates nearly half of risk managers expect terrorism coverage limits to decrease if TRIA is not re-authorized and a quarter of them believe this would terminate terrorism coverage entirely.
Among the common themes that arose in PC360-NUs interviews with C-suite leaders like Swiss Re, Lloyd's and Munich Re: Growth will be a major challenge, but opportunities for expansion exist in Latin America, Specialty lines and Cyber.
Insurance-industry experts are cautioning that the death of Osama bin Laden does not represent the end of the terrorism threat for the United States. The threat, in fact, may worsen if terrorists seek to execute a reprisal attack.
During a week that had an abundance of news stories directly impacting property and casualty insurers, NU’s editors had a choice to make regarding what to feature on the cover of this edition.
Capacity has increased for terrorism risk insurance since 2006, but take-up rates remain about the same, a Treasury working group reported late Friday.
Capacity has increased for terrorism risk insurance since 2006, but take-up rates remain about the same, a Treasury working group reported late Friday.