Reassessing the terrorism risk
Hermes Marangos explains how the Insurance Institute of London's Advanced Study Group into war risks and terrorism will assist stakeholders in achieving clarification of the risks, proper pricing, better wordings, claims handling and dispute resolution in this sector.
The US terrorist attack of 11 September 2001 marked a watershed inthe history of the insurance market and was a catalyst for the
re-examination of many aspects of war and terrorism insurance. As
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