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Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the ...
Pool Re announced last week that it is now is able to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before a change ...
UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK's ...
Terrorism insurance markets should remain stable even as threats rise and the types of attacks have continued to evolve. That's thanks to a nimble and proactive industry, Marsh asserts in a new ...
Hundreds of victims of the Oct. 1 mass shooting in Las Vegas filed five lawsuits on Monday in a California court against the operators of the hotel from which the gunman fired, the organizers of the ...
The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business lost due to police cordons to more risky compensation for declines in ...
XL Catlin said it has boosted available terrorism insurance coverage units by 25 percent in an effort to keep up with demand. Limits are now at $250 million, up from $200 million, the insurer and ...
The U.S. Supreme Court agreed to use a case stemming from Middle Eastern terrorism to decide whether victims of overseas atrocities can use a two-century-old federal law to sue corporations for ...
XL Catlin is selling a new policy designed to help U.S. companies that store, handle and transport goods. Ironshore is beefing up its terrorism/shooter coverage with an added endorsement. *** XL ...
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
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