All Terrorism insurance cover articles
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NewsPool Re makes £100m third catastrophe bond placement
Great Britain’s terrorism reinsurance fund continues to explore insurance linked securities for its retro placements, this time to the tune of $100m, with the assistance of Aon and Howden.
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NewsPool Re makes terrorism treaty transition, heralds innovation, resilience benefits
Tailored retentions can include CBRN threats, cyber physical damage, as well as conventional risks, under the new ‘bifurcated approach’ adopted by the UK’s Treasury-backed reinsurance pool for terrorism risk in mainland Great Britain.
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NewsPool Re launches SME market consultation to boost terrorism coverage
Great Britain’s terrorism risk re/insurance pool, backed by the Treasury, has launched a consultation focused on insuredness among small-to-medium-sized enterprises (SMEs).
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NewsPool Re completes $3.5bn expanded retro placement
A new retrocession programme with more than 60 reinsurers, including Hannover Re and MGA Fidelis Partnership, provides £2.75bn of aggregate excess of loss cover, increased from £2.4bn of protection previously.
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NewsArch names Ouwehand as new head of terrorism, political violence and war
Jelle Ouwehand promoted to lead London-based team after several years as a senior underwriter and before that as a broker at Marsh.
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NewsPool Re appoints Stark as head of underwriting
Andrew Stark starts a newly created role at the UK’s terrorism reinsurance public-private partnership.
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NewsPool Re’s Clementi welcomes Martyn’s Law legislation
New terrorism legislation coming before the UK Parliament aims to improve protective and organisational preparedness at a variety of premises.
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NewsCall for feedback on federal cyber insurance backstop proposals
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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NewsInsurance industry witnesses ‘large drop in appetite for terrorism cover’
The “terrorism threat level in the UK is going to rise” as the current conflict in Afghanistan continues and Al-Qaeda, alongside other Islamist extremist groups, fights to freely operate in the country once again, according to Alan Brett, product development manager at MGA Inperio.
