TRIPRA News
Terrorism Insurance Still a Stable Market Even as Threats Evolve: Marsh Report
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 ...
Federal, State Regulators Propose Consolidated Collection of Terrorism Insurance Data
The process carriers follow to collect data required under the U.S. federal terrorism reinsurance program are moving toward a more streamlined approach in 2018. Previously, U.S. Department of ...
Marsh: 2015 Federal Terrorism Reinsurance Renewal Kept Market Stable
Passage of the updated U.S. federal terrorism reinsurance program in 2015 has helped maintain certainty and stability for the U.S. market even as the nature of terrorist acts has changed. Marsh noted ...
XL Catlin Doubles Available Limits for Standalone Terrorism Coverage
XL Catlin said it has doubled available limits for its standalone terrorism coverage and added other bells and whistles in what it described as a market response to new attacks in cities and schools ...
Hiscox Adds Nuclear and Biothreat Coverage to Terrorism Portfolio
Hiscox said it has beefed up its terrorism coverage, with an eye on addressing nuclear, chemical or biological threats. The specialist insurer also noted it provides the coverage, including policies ...
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: ...
Swiss Re’s Donnell: TRIA Needed in an Uncertain World
In business and life, it's important to know one's strengths and weaknesses. While the insurance industry is adept at modeling windstorms, anticipating emerging liability risks and ensuring orderly ...
House Committee Votes on TRIA With NARAB Amendment, FSOC Moratorium
The Republican House Financial Services Committee (HFSC) voted 32-27 in a party line split Friday morning to renew the Terrorism Risk Insurance Program (TRIA) for five years, sending the measure to ...