Category Archives: Terrorism

Guide to Political Violence and Terrorism Insurance for Financial Institutions


The third element of political risk insurance financial institutions need to be aware of—after political risk insurance and comprehensive nonpayment insurance —is terrorism and political violence cover. Continue reading →

Scariest Risks of 2015

Scariest Risks of 2015

As Halloween approaches and darkness falls earlier every day, we at WillisWire find ourselves reflecting not on make-believe monsters but on the frightening real risks our clients faced during the year. Thirteen of our bloggers submitted what they thought were … Continue reading →

Terrorism: An Evolving Response to an Evolving Threat

malware as terrorism

Modes of terrorist attack are changing. The world today confronts the self-proclaimed Islamic State, built on terrorist tactics and apparently determined to export its methods in any way it can. In the US, we see acts of terror perpetrated by … Continue reading →

Preparing for a Terrorist Attack: 6 Simple Steps for Retailers

Shopping Mall

A recent video released by militants has called for strikes on shopping centres — including Oxford Street and the two Westfield malls in London, the Mall of America in Minnesota and Canada’s West Edmonton mall. This threat shows no sign … Continue reading →

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)


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 →