Pool Re urges insurers to support a 'vibrant' terrorism insurance market

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Pool Re has published a forward-looking strategy paper urging insurers to build on its progress to date and create an active and vibrant terrorism insurance market in the UK by putting more control back in their hands

In the paper, called Guaranteeing Great Britain: Managing Terrorism Risk and Building Resilience Pool Re asked insurers to help it secure these reforms saying “together, we need to use the 2020 review

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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