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Catlin to promote "affordable" terrorism cover

Catlin Insurance Company Bermuda has developed an insurance and reinsurance product it said will provide affordable coverage for acts of nuclear, chemical, biological or radiological terrorism.

In a statement, Catlin said insurers have, historically, been reluctant to provide coverage for NCBR events partly due to the unacceptable accumulation of risk posed by these types of events.

Catlin

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