terror insurance Archives - Carrier Management

Foo Fighters Suing Lloyd’s Underwriters Over Terrorism Policy

The Foo Fighters are suing insurers for failing to reimburse them for European shows they canceled following the Paris terrorist attacks in November. The suit, filed last Monday in federal court in ...

Fast Money Hedge Funds Won’t Keep Pension Funds Out of Terror Market, Says ILS Manager

To understand why the insurance-linked securities market will offer greater amounts of terror risk coverage in the years ahead, you have to understand the difference between two groups of ILS ...

TRIA Changes Debated: Congressional Hearing Highlights

Representatives of the property/casualty insurance industry all testified in favor of extending the Terrorism Risk Insurance Act during a House Financial Services committee hearing last week, but ...

We Can Write Terror Risk: Part II

The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers last week that the insurance-linked securities market is poised to provide ...

Rate Hikes Likely If Terror Insurance Act Not Renewed: Fitch

Failure to renew the Terrorism Risk Insurance Act (TRIA) could induce commercial insurers to retreat from larger metropolitan areas, reducing availability of coverage and raising premium rates, Fitch ...