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- Terrorism Risk Insurance Act of 2002
- This act presents some important findings. Property and casualty insurance firms are important financial institutions, the products of which allow mutualization of risk and the efficient use of financial resources and enhance the ability of the economy to maintain stability, while responding to a variety of economic, political, environmental,...
- White papers 2003-01-01
- Data Reporting Requirements--Implementation of the Terrorism Risk Insurance Act of 2002
- This circular provides the data reporting requirements of these components as they pertain to policy, unit statistical, detailed claim information DCI and financial data. To ensure that your company fully understands these components, review the information contained in this circular and implement any procedural or system changes that may be...
- White papers 2003-01-15
- Terrorism Risk Insurance Act of 2002: Terrorism Insurance Program, Treatment Of Terrorist Assets, Federal Reserve Board Provisions
- The ability of businesses and individuals to obtain property and casualty insurance at reasonable and predictable prices, in order to spread the risk of both routine and catastrophic loss, is critical to economic growth, urban development, and the construction and maintenance of public and private housing, as well as to...
- White papers 2003-01-01
- US Government Widens Insurance Role
- The Terrorism Risk Insurance Act of 2001 TRIA, passed by a reluctant Congress last November at the urging of the business community and a White House eager to stimulate post-9/11 construction jobs, put the Federal government squarely back in the insurance arena, if only for the three-year duration of the...
- White papers 2003-08-01
- TRIA and Beyond: What Would Be the Most Effective Way for the Nation to Recover From (Mega)-Terrorist Attacks?
- Estimating the risk of a terrorist attack is problematic because of limited historical data, divergent models, and differing expert judgments on the likelihood and impact of an attack. Therefore, professionals seeking to manage the risk are further challenged by uncertainty over whether to buy insurance, by how to conduct appropriate...
- White papers 2005-02-25
- A Terrorism Risk Analyst's Perspective on TRIA
- The insurance industry as a whole should be concerned with the level of the terrorist threat, not just over a short term horizon of the next few years, but as it evolves over several decades. A far-sighted insurance risk manager may endeavor to develop a terrorism book of business so...
- White papers 2005-09-19
Additional Resources
- Terrorism Insurance Return
- With policy exclusions voided by law, finance executives face decisions about buying coverage for terrorist acts. The article explains about the Terrorism Risk Insurance Act of 2002 and the changes taken place due to implementation of the Act. The TRIA has brought prices down for companies that purchased stand-alone policies...
- White papers 2003-03-01
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