terrorism insurance take-up rate News

Marsh: Industry Must Adapt to Meet Changing Terrorist Threats

The federal terrorism reinsurance program in 2015 has helped maintain certainty and stability for the U.S. market even as the nature of terrorist acts has changed, according to global insurance broker Marsh in its latest report. However must continue to …

Treasury Recommends Some Terrorism Premiums Be Retained for Future Claims

In a report that concludes that the federal terrorism risk insurance program “remains an important mechanism” for ensuring that terrorism risk insurance is available and generally affordable, the U.S. Treasury Department also calls for changes including requiring participating insurers to …

Marsh Report Finds Continued Demand for Terrorism Risk Insurance; Urges Renewal

Demand for terrorism insurance remains strong and the existence of the federal terrorism risk insurance program plays a key role in making coverage available and affordable, according to a report released by insurance broker Marsh. According to Marsh’s 2014 Terrorism …

Demand, Rates for Terrorism Insurance Coverage Remain Steady: Marsh

The recent bombing at the Boston Marathon serves as a reminder that mass violence remains a critical threat for organizations, say experts at insurance brokerage Marsh, which just issued its latest report on sales of terrorism insurance. Congress is heading …