terrorism News
Terrorism’s Global Property Damage Costs Highest Since 9/11 Attacks
In the wake of Friday's massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York's Twin Towers. In 2014, acts of terror cost the ...
European, Gulf Carriers Reroute Flights Away from Sinai After Russian Jet Crash
Most national carriers in the United Arab Emirates will reroute flights to avoid Egypt's Sinai peninsula until more is known on what caused a Russian-operated jet to crash there on Saturday, killing ...
New ACE Terror/Violence Coverage Addresses Bomb Threat Hoaxes, Looting and More
ACE Group is marketing new multinational insurance coverage to help businesses handle fast-evolving terrorism and political violence problems. The policy addresses a wide range of areas including ...
UK Insurers to Stress Test for Terrorism in London, New York
U.K. regulators have asked property/casualty insurers to stress test their capital reserves against catastrophes, including a synchronized terrorist attack in London, New York and one other major ...
ACE Doubles Terrorism, Political Violence and War Insurance Capacity
ACE Ltd., which recently announced a $28.3 billion deal to acquire The Chubb Group, is doubling its terrorism, political violence and war insurance capacity. The plan is for ACE to boost its ...
Marsh: Federal Terrorism Reinsurance Renewal Reestablished Normalcy
In the wake of the brief lapse and then renewal of the U.S. federal terrorism reinsurance program in early 2015, Marsh has looked at the related risk insurance climate in a new report. The verdict: ...
What Buyers Need to Know About Terrorism and Travel Insurance: Squaremouth
Travelers concerned about terrorism may look to purchase travel insurance policies that include cancellation coverage for future terrorist attacks. According to travel insurance comparison site ...
Carriers Try ‘Holding the Line’ on Property-Cat Renewals: NAPCO
Property-catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in ...