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The terrorist attacks in London are expected to be covered by the nation’s Pool Reinsurance Company, drawing a stark contrast to the potential for the expiration of the federally-provided “safety net” of the Terrorism Risk Insurance Act.

Although the attacks are a tragedy for the victims, Lehman Bros. analyst Jay Gelb said in a note to investors that insurer’s losses from the attacks “should be limited” because of the Pool Reinsurance Company, which is also known as “Pool Re.”

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