Panel cautions against easy parallels between terrorism and pandemic pools

Pandemic

Panellists speaking at an industry forum on Wednesday cautioned that insurance pools set up to provide cover for terrorism risks may not be the best templates on which to build pools that deal with pandemic risk.

Speaking during the International Forum of Terrorism Risk Insurance Pools virtual event, Will Farmer, head of crisis management at Axa XL, said: “Terrorism pool structures have been used as a

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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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