Is Terrorism Coverage Adequate?

While governments in the United States, the United Kingdom and Europe have worked to improve terrorism insurance coverage availability and affordability since the Sept. 11, 2001 attacks, more needs to be done, a U.K. consulting firm contends.

In the wake of the recent Madrid train station bombing, governments still “need to examine carefully whether existing insurance arrangements can cope with the rising risk of man-made catastrophe,” warned Oxford Analytica, based in Oxford, England.

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