Paris terror attacks News

State-Backed Terrorism Reinsurance Fund Likely to Aid Paris Firms in Recovery

Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by a state-backed fund set up in the wake of the Sept. 11 2001 attacks in New York. The carnage in …

Islamic State’s Business Model Must Be Disrupted: Bloomberg Editorial

What it means for a European nation and member of NATO to declare war against a stateless band of terrorists is an interesting and important question, made urgent by Islamic State’s brutal attack on Paris last Friday. As Europe and …

Global Acts of Terrorism Cost $52.9 Billion in 2014 – Highest Price Since 9/11

In the wake of Friday’s massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York’s Twin Towers. In 2014, acts of terror cost the world $52.9 billion …

History Shows Economies Are Resilient After Terrorist Attacks

The French economy has history on its side. From the attacks of September 11 to those on Spain in March 2004 and London in July 2005, industrial economies have proven more resilient to terrorism than first feared, according to those …

Companies Seek Advice About How to Protect Employees After Paris Shootings

The world’s biggest security provider, G4S Plc, is fielding more inquiries from prospective clients after terrorists killed 17 people in Paris last week. Companies are seeking advice on how to protect their employees following attacks at the weekly magazine Charlie …

Paris Terror Attacks Not Unexpected; Demand for Political Risk Cover Is Up

Terrorism, security and political risk experts from Willis provided some broad observations about last week’s terror attacks in Paris and how insurance buyers are responding. “The tragic events in Paris are a continuation of a pattern that has been proliferating …