Resources
BNET Business Dictionary
- Risk
- the possibility of suffering damage or loss in the face of uncertainty about the outcome of actions, future events, or circumstances. Organizations are exposed to various types of risk, including...
- Risk definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Amid fresh terror warnings, insurers eye long-term risks.(Top Stories of The Week)
- As the United States gets ready for the second anniversary of Sept. 11 events, there is a heightening concern--fueled by warnings from the Homeland Security Department and strings of recent terrorism attacks overseas--that terror groups may once agai As the United States gets ready for the...
- Research articles 2003-08-18
- TRIA extension won't be easy, reps. warn: coverage could be broadened, but Congress might have to hike carrier retentions.(Terrorism Risk Insurance Act of 2002)
- CONGRESS MIGHT BE WILLING TO expand the Terrorism Risk Insurance Act to cover nuclear, biological, chemical and radiological risks, but renewing the federal reinsurance program will be a hard slog in any case, key House members warned insurance indus CONGRESS MIGHT BE WILLING TO expand the...
- Research articles 2005-02-21
- Solution sought to terror risks; Risk managers see need for government involvement.(Spotlight: RIMS 2006 Trends & Developments)(Risk and Insurance Management Society Inc.)(Terrorism Risk Insurance Extension Act of 2005)
- Byline: GLORIA GONZALEZ HONOLULU-A practical, long-term solution to handling terrorism risks must include continued federal government involvement in any type of reinsurance program, risk managers say. While the exact form of that involvement ma Byline: GLORIA GONZALEZ HONOLULU-A...
- Research articles 2006-05-08
- 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
- Terrorism Insurance: Implementation of the Terrorism Risk Insurance Act of 2002
- The terrorist attacks of September 11, 2001, drastically changed the way insurers viewed the risk of terrorism. An industry that had considered the risk of terrorism so low that it did not identify or price terrorism risk separate from property and casualty coverage will pay approximately $40 billion for losses...
- White papers 2004-04-23
Additional Resources
- Policy Watch: Challenges for Terrorism Risk Insurance in the United States
- This paper examines the role that insurance has played in dealing with terrorism before and after September 11, 2001, by focusing on the distinctive challenges associated with terrorism as a catastrophic risk. The Terrorism Risk Insurance Act of 2002 TRIA was passed by the U.S. Congress in November 2002, establishing...
- White papers 2004-10-01
- New Interim Guidance Issued By Department Of Treasury On Terrorism Risk Insurance Act
- The articles defines the legislation the Terrorism Risk Insurance Act of 2002. This historic legislation provides a federal backstop for terrorism insurance. The Terrorism Risk Insurance Act provides that under certain circumstances after an insurance company has paid an amount of claims from terrorist events the government. An "act of...
- White papers 2003-02-01
- The U.S. Terrorism Risk Insurance Act
- As a result of the tragic events of September 11, 2001, many insurers were reluctant to or would no longer cover terrorism risk under their policies. The US Congress, in an effort to prevent this widespread dislocation in the insurance market, and to make sure that businesses would have an...
- White papers 2003-01-01
- Captives, the Terrorism Risk Insurance Act, and the Market
- The article defines two terms Captive and The Terrorism Risk Insurance Act. The Terrorism Risk insurance Act was critically needed in order to start bringing order and reason to a market which was dazed, confused. Since the insurance industry, pretty much at its own choosing, is regulated on a state-by-state...
- White papers 2003-01-01
- Terrorism Risk Insurance Act of 2002
- On November 26, 2002, President Bush signed into law The Terrorism Risk Insurance Act of 2002, or H.R. 3210. The primary objective of the Terrorism Risk Insurance Act of 2002 is to mainly ensure the availability of commercial property and casualty insurance coverage for losses resulting from acts of terrorism....
- White papers 2003-01-01
- RIMS pushes for TRIA extension in Congress: risk managers see federal insurance backstop as vital for stability of terrorism cover.(Buyers On Board)(Risk and Insurance Management Society)(Terrorism Risk Insurance Act)
- THE RISK AND INSURANCE Management Society affirmed its support for legislation extending the Terrorism Risk Insurance Act by an additional two years to avoid market disruptions like those that occurred after Sept. 11, 2001. Janice Ochenkowski, vic THE RISK AND INSURANCE Management Society...
- Research articles 2005-03-07
- An Overview of the Terrorism Risk Insurance Act of 2002
- On November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of 2002 (the "Act"). The Act, which takes immediate effect, serves as a financial backstop, enabling commercial insurers to provide affordable terrorism coverage to policyholders. The Act renders all existing policy terrorism exclusions null and void,...
- White papers 2003-01-01
- Terrorism Risk Insurance Program-RIN RIN 1505-AA981505-AA98
- The Department of the Treasury Treasury is issuing this interim final rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act.The Act's purposes are to address market disruptions, ensure the continued widespread availability and affordability of commercial property and casualty insurance for...
- White papers 2003-04-15
- TRIA extension expected, but when?(Is Terrorism Insurable?)(Terrorism Risk Insurance Act)
- EXPERTS WITHIN AND OUTSIDE the insurance industry believe Congress will ultimately extend the Terrorism Risk Insurance Act, while hedging on whether federal lawmakers will act in a lame duck session later this month or wait until next year. Speaki EXPERTS WITHIN AND OUTSIDE...
- Research articles 2004-11-01
- Insurers, buyers brace for TRIA decision; fate of federal terrorism program may hinge on Treasury Dept. report due June 30.(WHITE HOUSE MUM)(Terrorism Risk Insurance Act )
- PROPERTY-CASUALTY INSURERS and commercial insurance buyers are finalizing battle plans to push for extension of the Terrorism Risk Insurance Act as the Bush administration prepares to release a report that will play a key role in determining the fate PROPERTY-CASUALTY INSURERS and commercial insurance buyers are...
- Research articles 2005-06-20
- New Statutory Disclosure and Mandatory Availability Requirements - Terrorism Risk Insurance Act of 2002
- The article explains about the notice provides interim guidance to insurers concerning certain statutory disclosure and mandatory availability requirements contained in the Terrorism Risk Insurance Act of 2002. In addition, this notice provides interim guidance to insurers concerning the types of commercial property and casualty insurance covered by the Act...
- White papers 2002-12-03
- Terrorism Risk Insurance Program - Notice Of Proposed Rulemaking
- The Department of the Treasury Treasury is issuing this proposed rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002. That Act established a temporary Terrorism Risk Insurance Program Program under which the Federal Government will share the risk of insured loss from...
- White papers 2003-01-01
- Terrorism Risk Insurance Program - Interim Final Rule
- The Department of the Treasury Treasury is issuing this interim final rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act. That Act established a temporary Terrorism Risk Insurance Program Program under which the Federal Government will share the risk of insured...
- White papers 2003-01-01
- Capital Market Solutions to Terrorism Risk Coverage: A Feasibility Study
- In the aftermath of the September 11, 2001 terrorist attack, insurers and reinsurers began to exclude terrorism coverage from their standard commercial polices or to offer terrorism coverage at prohibitive premium levels. This action forced the federal government to step in and pass the Terrorism Insurance Act in November 2002....
- White papers 2004-06-28
- TRIA supporters hopeful backstop will be extended.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-The combination of elevated terrorism alerts and continuing examination of the 9/11 Commission's findings could help spur Congress to reauthorize the Terrorism Risk Insurance Act this year, supporters of an exten Byline: MARK A. HOFMANN WASHINGTON-The...
- Research articles 2004-08-23
- << Previous
- page 1 of 1
- Next >>
Presented by American Express