New York Bombing Suspect in Custody, Investigation Continues September 19, 2016 By Elizabeth Blosfield A suspect has been taken into custody in connection with a bomb that went off from inside a dumpster in...
XL Catlin Updates Active Assailant Cover to Include Use of Road Vehicles in Attack August 31, 2016 XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles...
Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports August 24, 2016 By L.S. Howard The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under...
Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America July 14, 2016 Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for Terrorism & Political Violence...
London Market’s Electronic Placing Platform Binds 1st Standalone Terrorism Risk July 12, 2016 London Market Group (LMG) announce that the first standalone terrorism risk was bound on PPL – the London Market’s electronic...
Treasury Recommends Some Terrorism Premiums Be Retained for Future Claims July 5, 2016 In a report that concludes that the federal terrorism risk insurance program “remains an important mechanism” for ensuring that terrorism...
XL Catlin Expands Crisis Management Product Suite in UK, Asia Pacific, Germany March 10, 2016 XL Catlin has introduced “Active Assailant” coverage to its crisis management product suite to respond to the threat of physical...
Ironshore Bolsters War & Terrorism Offering in Asia Pacific with Hill Appointment March 9, 2016 Ironshore International announces that James W. Hill has been named underwriting manager of Terrorism, Political Violence and War for the...
U.S. Treasury Seeks Terrorism Data from Insurers March 4, 2016 The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is requesting that insurers voluntarily submit insurance data regarding their...
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...