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The exit follows others from the firm’s London market terrorism practice since the beginning of the year.
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More than 75 percent of votes were cast in favour of the change. -
MGM lawsuit against shooting victims asserts exemption under anti-terror act.
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They have taken over the lead of the US facility from Beazley and XL Catlin, this publication can reveal.
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Pricing in the terrorism market is showing signs of levelling out, with rate cuts at a far lower level than in previous years.
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The latest lawsuit demands a jury trial and seeks over $3bn in damages.
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The Lloyd's firm is looking to provide better access to terrorism insurance in the Middle East.
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The Hiscox CEO says his focus is on making the software system “industrial strength”
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The figure will cover claims against the liability policy of vehicle rental company Enterprise.
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There is roughly $250mn in terrorism cover for the tournament, says the Lloyd’s insurer.
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The Counter-Terrorism and Border Security Bill will amend existing laws including the Reinsurance (Acts of Terrorism) Act of 1993.
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Auto Terror Protect arrives as the insurance sector rethinks liability for such attacks.
