tria

Aon Hired By US Treasury to Model Terrorism Risks Members Public

Aon’s Inpoint will help develop a government model that will cover conventional, cyber and NBCR risks.

Chris Westfall
catastrophe model

Feds Are Eyeing Captives Tapping Terrorism Backstop, Again Members Public

The U.S. government is continuing to question the use of captives to tap the taxpayer-backed program.

Chris Westfall
insurance

All Terrorism Insurance Alternatives Have Challenges: GAO Members Public

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 report released last week by the U.S. Government Accountability Office (GAO). Specifically, the GAO said that the two leading

Chris Westfall
insurance

Insurers, Reinsurers Differ on Government Terrorism Timing Members Public

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 industry you ask. In comment letters collected to the U.S. Department of Treasury’s Federal Insurance Office (FIO) in

Chris Westfall
insurance