Category Archives: Terrorism

Keeping the Peace in New Urban Centres

glass bullethole

At its most dystopian, violent conflict between competing interests could become a norm in an increasingly urbanized world. Continue reading →

What Risks Will Emerge in 2015?

storm light house

Our list of emerging risks for 2015 covers the kind of perils that keep risk managers up at night: cyber risk, oil price volatility, the changing demands of today’s workforce, the over-confidence corporations have in the ability of their entity … Continue reading →

Paris Terror Attacks Tragic but not Unexpected

Reuters: Paris terrorism

Last week’s attacks on Charlie Hebdo’s offices in Paris are testament to an increasingly insidious and networked ideology, driving the extension of Islamic extremism and violence across many parts of the globe. These attacks in Paris, as well as other … Continue reading →

Terrorism Backstop Renewed, but Coverage Not Retroactive

TRIA (green)

President Barack Obama signed into law Monday the extension of the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the program until December 31, 2020. The law H.R. 26, also gradually increases the trigger required to activate the program … Continue reading →

TRIA Passes Senate; Next Stop President

Senate passes TRIA

On January 8th, the Senate voted to pass the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the Terrorism Risk Insurance Act for an additional six years until 2020. This follows a bi-partisan vote of 416-5 in the … Continue reading →

TRIA Passes House (Again)

TRIA

An extension to the Terrorism Risk Insurance Act (TRIA) has just been passed by the U.S. House of Representatives, with a majority vote of 416 – 5. Continue reading →

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 →