A London-based transport insurer announced it will be the first to provide its sector with coverage against "dirty bomb" damage.

TT Club said it will provide protection for nuclear and bio-chemical terrorism perils, starting Jan. 1, 2007. The company said that its "industry-leading initiative" is a recognition and response to demands from the industry that it insures.

Cover will be available for physical loss, business interruption and liabilities, and will be applicable in incidents involving both actual damage caused by an incident or device and when an incident occurs or a device is discovered causing significant trade disruption but no physical damage, the company said.

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