Category Archives: Terrorism

TRIA: Epic Fail

TRIA

Congress’ failure to authorize an extension of the Terrorism Risk Insurance Program Reauthorization Act of 2014, (TRIPRA) has the potential to create serious disruption for many businesses who depend on the backstop for property, liability, workers compensation and captive insurance … Continue reading →

Real Estate and the Treasury’s Revised Funding Proposals for Pool Re

London cityscape

Commentators initially thought the UK Government’s revised funding proposals for Pool Re would have a significant effect on the provision of terrorism insurance in the UK, however a review of the detail indicates that there may not be any notable … Continue reading →

TRIPRA Legislative Update: Delays Continue in Final Vote

capitol building

On Wednesday, December 10, the House of Representatives, in a vote of 414/7, passed legislation to reauthorize the Terrorism Risk Insurance Program Reauthorization Act of 2014, (TRIPRA) for a further six years. While the overwhelming House vote in favor of this … Continue reading →

TRIA Moves Closer to Renewal

capitol building

Reports from Washington, D.C. today indicate that Capitol Hill may be finally closing in on a  potential compromise to renew  the Terrorism Risk Insurance Program Reauthorization Act of 2007 or TRIPRA.  Continue reading →

US Long-Arm Jurisdiction Creates New Terrorism Headaches for Banks (Among Others)

terrorism funding

I am indebted to John Blancett, partner of law firm SDMA for drawing my attention to a startling decision of the US Court of Appeal for the Second Circuit: Tzvi Weiss et al. v. National Westminster Bank Plc (judgment delivered … Continue reading →

Preparing for Threats Facing Your Organisation and its People

under threat

We live and operate in a world where competition, innovation and opportunity require us to expand into ever more challenging environments. The returns can be high and in pursuit of the same, we require our most valuable assets (our people) … Continue reading →

Emerging Threats to Airports, Aircraft and Staff

airport explosion

For corporate travellers, expatriates, airlines and ground facility providers, an upsurge in internal conflict and the proliferation of terrorism are driving threats specific to airports which heighten risks to people and assets both in the air and on the ground. Continue reading →

Scariest Risks of 2014

Scariest risks 2014

As risk advisors, WillisWire bloggers tend to think less of ghouls and goblins during the Halloween season than of the frightening real risks our clients face. This year they faced more than their share of new ones, with ISIS, Ukraine, … Continue reading →

Security Situation in Venezuela Continues to Deteriorate

venezuela-violence

The Maduro regime is struggling to deal with the country’s crippling crime levels, stemming mostly from the growing socio-economic crises confronting the country. Continue reading →

Threats to Telecommunications Operators in Fragile and Conflict Landscapes

city destruction

According to the International Telecommunications Union, the expansion of access to telecommunications services has been one of the most dramatic economic and social developments in low-income countries over the last decade, showing accelerated rates of expansion in access to mobile … Continue reading →