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- in financial markets, hedging or any other strategy that reduces risk while permitting participation in potential gains
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- Insurers Bullish on 2002, but...(Wants Congress to provide backstop insurance coverage since Islamic terrorist attacks)(Brief Article)
- Insurance companies are projecting strong loan growth this year, but warn that lending on trophy properties will plummet unless Congress agrees to provide backstop insurance coverage against terrorism. Insurance companies are projecting strong loan growth this year, but warn that lending on trophy properties...
- Research articles 2002-01-25
- Not all Sept. 11 claims covered ; BI Executive Forum.(costs of disruption to businesses caused by terrorist attacks)(Brief Article)
- NEW YORK-Business interruption insurance will not cover all the costs of disruption to businesses caused by Sept. 11 terrorist attacks on the World Trade Center, according to New York's top insurance regulator. ``At some point it can't be expected NEW YORK-Business interruption insurance...
- Research articles 2002-02-18
- New terror: Insurer claims soaring.
- Cost of attacks could threaten the industry The insurance industry races a massive aftershock as cost estimates of the terrorist attacks on the World Trade Center and the Pentagon continue to grow. The financial tally--now likely...
- Research articles 2001-09-24
- It isn't easy to get back to normal.(fear of flying after terrorist attacks on U.S. is understandable)
- President Bush said he wants us all to go back to work, to fly on airplanes and to live our lives as we did before Sept. 11. But returning to our normal lives and our normal business schedules after the tragedies of Sept. 11 will...
- Research articles 2001-10-01
- Brokers Help Clients, Economy Endure.(status of insurance industry in wake of terrorist attacks)
- Since Sept. 11, the nation has focused on tragic loss, recovery, and resolve to travel a difficult road ahead. It is hardly surprising that most news accounts relating to the insurance industry have focused on the loss of hundreds of our peers in the Since Sept....
- Research articles 2001-10-08
- Viacom presses claim for 9/11 business interruption: argues public-interest role in preempting advertising. (Insurance).(Viacom may seek insurance relief related to terrorist attacks)
- In an effort to recover revenue lost following the 9/11 attacks, Viacom is claiming to its insurers that its broadcast properties--CBS and Infinity stations--had no choice under its public-interest. responsibilities in preempting hundreds of millio In an effort to recover revenue lost following the...
- Research articles 2003-01-13
- Insurers Mull Attack Losses.(World Trade Center)(Brief Article)(Statistical Data Included)
- While continuing to express concern, grief and condolences for those who lost family, friends, colleagues and clients in the terrorist attack that destroyed New York City'S World Trade Center last week, the insurance industry is going about the grim While continuing to express concern, grief...
- Research articles 2001-09-17
- Business Interruption Insurers Expect 'Ripple Effect' From Terrorist Attack Claims.(Terrorist attacks' impact on insurance industry)(Brief Article)(Statistical Data Included)
- The "ripple effect" of claims related to the recent attacks on the World Trade Center extends well beyond the site of the destroyed buildings, creating far-reaching exposure for some insurers that provide business interruption insurance, ac The "ripple effect" of claims related to the recent ...
- Research articles 2001-09-24
- Aviation, energy among hardest lines in London; Following Sept. 11 terrorist attacks, almost all lines seeing rate increases in market.
- LONDON-For London in 2002, it's back to the basics of underwriting, brokering and risk management. Reduced capacity and increased rates, retentions and exclusions have replaced holiday festivities in London, resulting in a frenzied, uncertain and LONDON-For London in 2002, it's back to...
- Research articles 2002-01-14
- Tight-Knit Broker Community Hard Hit.(by terrorist attacks)(Brief Article)
- The attack by terrorists on Sept. 11 in New York City and Washington changed people's lives and altered the future of the insurance world in a way that few can fathom, insurance brokerage officials say. There was much speculation in the weeks foll ...
- Research articles 2001-10-08
- Putting a price on the tragedy. (Editorials).(Viacom may file insurance claim related to terrorist attacks)(Brief Article)
- The story goes that Harry Truman wanted to find a one-handed economist because he got tired of hearing "... on the other hand." Well, if we were a one-kneed editorial page, this piece would have taken a dramatically different tack. When w The story...
- Research articles 2003-01-13
- Business interruption claim picture cloudy.(terrorist attack aftermath)(Brief Article)
- As risk managers and their property insurers sort through the array of claims arising from the Sept. 11 terrorist attacks, coverage remains an unpredictable element. Although policyholders with physical property damage will likely be reimbursed fo As risk managers and their property insurers...
- Research articles 2001-10-08
- Targeting a Just-in-Case Supply Chain for the Inevitable Next Disaster
- Natural disasters, wars, and political upheavals occur regularly around the globe, playing havoc with the flow of parts and goods. Such disruptions are as old as commercial trade itself. But the dramatic terrorist attacks on the World Trade Center and the Pentagon a year ago brought supply chain risk into...
- White papers 2002-09-01
- Issues and Options for Government Intervention in the Market for Terrorism Insurance
- This paper focuses on insurance, which is only one part of an overall system for managing risks created by the possibility of terrorist attacks and compensating losses caused by terrorist attacks. Disaster assistance, the tort system, and charities can also play a role in this system. This paper should be...
- White papers 2004-10-13
- Insurance Sector Preparedness: Insurers Appear Prepared to Recover Critical Operations Following Potential Terrorist Attacks, But Some Issues Warrant Further Review
- The insurance sector is a key part of the U.S. financial sector, particularly following a terrorist attack or other disaster where there has been loss of life and damage to property. To determine the insurance sector's preparedness to protect and recover critical insurance operations, this paper describes the potential effects...
- White papers 2005-11-01
- 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
- Challenges for Terrorism Risk Insurance in the United States
- The terrorist attacks on September 11, 2001, against the United States raise a fundamental question about the responsibilities of the public and private sectors in reducing the risks of terrorist attacks and in providing adequate financial protection to victims of catastrophes. In the field of risk management and insurance, terrorism...
- White papers 2005-01-12
- Insurance: Half U.S. Businesses Lack Terrorism Insurance
- The total insured-property losses from the September 11 terrorist attacks are expected to hit more than $40 billion, according to the Insurance Information Institute, a nonprofit organization supported by the property and casualty insurance industry. As the costliest U.S. catastrophe to date, the September 11 terrorist attacks surpassed the insured...
- White papers
- Terrorist Attacks Put Reinsurance Lobbyists on Alert
- Terrorism seems to be on everyone's mind following the July 7 attack on the London underground. It is certainly on the mind of Massachusetts' insurance companies, which along with their national counterparts are lobbying Congress to extend the federal Terrorism Risk Insurance Act. Commonly known as TRIA, the law is...
- White papers
- The biggest bill of all; Insurance.(For insurers, this is the biggest man-made disaster ever)(terrorist attacks on the World Trade Center and the Pentagon)(Brief Article)
- For insurers, this is the biggest man-made disaster ever For insurers, this is the biggest man-made disaster ever
- Research articles 2001-09-15
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