Despite uncertainties over what terrorism insurance markets will look like in the not-too-distant future, businesses from every industry sector continue to purchase an ever-increasing amount of coverage. For now-and at least through 2007-U.S. insurers are backed by the commitment of the United States government to provide reinsurance relief to help them manage the ongoing risk of terrorism. However, the long-term situation is unclear as the Terrorism Risk Insurance Extension Act (TRIA) is set to expire at the end of 2007.
Companies should be planning strategies for managing terrorism risk post-TRIA. Marsh's Marketwatch: Terrorism Insurance 2006 is designed to help clients address terrorism risk issues despite the uncertainties.
We invite you to download or order a copy of Marketwatch: Terrorism Insurance 2006 here.
The report looks at:
- key issues under TRIA, focusing on new provisions under the extension;
- property terrorism purchasing in 2005;
- the standalone property terrorism insurance market;
- terrorism issues in workers compensation and liability insurance;
- TRIA's impact on the insurance and reinsurance markets;
- insurance for terrorism exposures placed with captives; and
- terrorism risk management.
For more information about terrorism coverage, please contact us at .