Aon Hired By US Treasury to Model Terrorism Risks
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Any alternative funding structure to the Terrorism Risk Insurance Act (TRIA) would create a significant challenge for insurance, reinsurance and government leaders in finding an acceptable alternative, according to a
The U.S. government should make a determination whether a loss event is an “act of terrorism” in either days or months, depending which sector of the insurance and reinsurance
Following Congressional failure to renew the U.S. terrorism insurance backstop, industry professionals agree that terrorism exposures can modeled and may even be an attractive risk for securitization if traditional