Terrorism News

Europe’s Cities Resist Use of Security Infrastructure Despite Vehicle Terror Attacks

Europe has experienced around a dozen cases of drivers using a car or truck to plow into pedestrians like last week’s attack in Barcelona, but cities have not rushed to mitigate the risks by changing their layout. Concerns about cost, …

5 Suspected Terrorists Shot Dead by Police After Barcelona’s Deadly Attack

Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after 13 people died when a van rampaged down the city’s iconic Las Ramblas avenue. One Catalan police …

Update: Vehicle Plows into Barcelona Pedestrians with 13 Dead, 50 Injured

A van plowed into pedestrians on Barcelona’s most iconic avenue at the height of the tourist season in a terrorist attack that left 13 people dead and echoed similar incidents in other European cities. Catalonia’s regional government said 50 people …

New Terror, Cyber Threats Create Coverage Gaps: CEO of UK’s Pool Re

Insurance against terror attacks must adapt to face up to the threats posed by so-called lone-wolf militants and the rise of cyber crime. That’s the view of Julian Enoizi of Pool Reinsurance Co., the U.K. government-linked body that backstops insurers …

Chubb Boosts Capacity for Terrorism, Political Violence, War Insurance

Chubb said it is now offering increased insurance capacity of up to US$150m/ €150m (previously US$100m/ €100m) for terrorism, political violence and war risks in response to evolving threats and increased demand from multinational clients. The new increased capacity will …

U.K. Security Services Warn of Imminent Terrorist Attack; U.S. Leaks Criticized

Soldiers are to patrol British landmarks and sporting events in their biggest homeland deployment in decades, as security services warned that another attack by terrorists who killed 22 people at a pop concert on Monday was imminent. Prime Minister Theresa …

Islamic State Claims Responsibility for UK Terror Attack – Worst Since 2005

Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. Islamic State claimed responsibility. Campaigning for next month’s general election was suspended …

Political Risk a Growing Concern, Say Brokers, Insurers

Evan Freely has been insuring global risks for years — through the 2008 market meltdown, the 2002 crisis in Argentina, and the 1993 downturn in Venezuela. Yet turmoil now seems to be coming at a more rapid pace than he’s …

Top 3 Causes of Global Liability Claims = 60% of Value: Allianz Report

Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty (AGCS). Collectively, these top three causes of loss for businesses account …

Update: Death Toll Rises, Dozens Injured in Russia Subway Terror Attack

A subway bombing in St. Petersburg killed 11 people and injured dozens more during a hometown visit by President Vladimir Putin, officials said, renewing fears of terrorism in Russia’s biggest cities less than a year before presidential elections. A homemade …