In the wake of apparent terrorist bombing attacks on the Londontransportation system, one extreme-risk modeling firm is pointingout that, given recent history, an attack on London was notentirely unexpected.
"I'm not the CIA or the State Department," cautioned Tom Larsen,senior vice president of EQECAT Inc., based in Oakland, Calif.,"but we've seen so many threats going on [against] London and therehave been a number of [terrorist-related] arrests there, prettymuch continuing since 9/11."
As to how this attack changes the picture for risk modelers, Mr.Larsen notes that, given the existing risk climate before thebombings, "it's inconclusive right now to say that the risk hasreally changed. It was there; now we've just realized one of thepotential outcomes."
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