Pool Re Completes £2.3B ($3.1B) Terrorism Retrocession Placement March 1, 2019 Pool Re, Britain’s state-backed terrorism reinsurer, has today completed placement of its £2.3 billion (US$3.1 billion) retrocession program with more...
UK’s Pool Re Extends Terrorism Cover to Include Non-Damage Business Interruption February 13, 2019 UK’s Pool Re now is able to cover losses incurred if a business cannot trade or is prevented from accessing...
Pool Re to Extend Terrorism Cover to Include Non-Damage Business Interruption March 22, 2018 Pool Re welcomed the UK government’s commitment to amend the 1993 Reinsurance (Acts of Terrorism) Act to enable it to...
Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered March 1, 2018 Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business...
Pool Re to Include Physical Damage from Cyber Terrorism, Effective April 2018 November 28, 2017 Pool Re, the UK’s terrorism reinsurance pool, announced it will extend its cover to include material damage and direct business...
UK SMEs Face BI Coverage Gaps After Terrorist Events: Pool Re Report September 26, 2017 By L.S. Howard Many terrorism insurance policies are triggered when there is physical damage to a property. As a result, commercial insurance buyers...
New Terror, Cyber Threats Create Coverage Gaps: CEO of UK’s Pool Re July 25, 2017 By Oliver Suess Insurance against terror attacks must adapt to face up to the threats posed by so-called lone-wolf militants and the rise...
UK’s Terrorism Reinsurer, Pool Re, Plans to Extend Cover to Include Cyber March 13, 2017 Britain’s 6 billion pounds ($7.3 billion) terrorism reinsurance fund hopes to extend its cover to include cyber attacks on property,...
International Forum of Terrorism Risk Re/Insurance Pools Launched October 10, 2016 Pool Re, the state-backed UK reinsurer that covers terrorism related commercial property losses, announced the launch of the International Forum...
State-Backed Terrorism Reinsurance Fund Likely to Aid Paris Firms in Recovery November 24, 2015 By Carolyn Cohn and Maya Nikolaeva Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by...