Canadian Underwriter

Islamic State

News InsuranceMarkets / Coverages

Chubb increases insurance capacity for terrorism, political risk

June 13, 2017 by Canadian Underwriter

Chubb Limited announced Monday it will offer “new increased capacity,” up to US$150 million or 150 million euros, covering terrorism political risk and war risks. “Chubb has increased its terrorism and political violence capacity per account by 300% in the

News Insurance

Critical infrastructure in Europe ‘currently not a priority’ for terrorists: Europol

December 2, 2016 Mike Corder - THE ASSOCIATED PRESS

THE HAGUE, Netherlands – The Islamic State group is likely to carry out new attacks in the European Union in the near future, probably targeting countries that are members of the U.S.-led coalition fighting the extremist organization in Syria and

Feature Insurance

Evolving Threat

November 6, 2016 Greg Meckbach, Associate Editor

The face of terrorism is changing, with soft targets like public areas increasingly being attacked by “lone wolves” who have been radicalized. And although related economic costs are climbing, the take-up for coverage has remained relatively flat.

News InsuranceLegalMergers and AqcuisitionsTechnology

Citing cyber ‘revolution,’ Obama issues attack response plan

July 26, 2016 Josh Lederman - THE ASSOCIATED PRESS

WASHINGTON – The White House warned Tuesday of a “revolution” of computer-generated threats to the U.S. stoked by growing cyber aggression by traditional U.S. foes like Russia and North Korea, and issued a colour-coded response plan for the federal government

News Insurance

Suicide bomber targetting U.S. consulate in Saudi Arabia identified

July 5, 2016 Aya Batrawy - THE ASSOCIATED PRESS

DUBAI, United Arab Emirates — Saudi Arabia on Tuesday identified the suicide bomber who struck outside the U.S. Consulate in Jiddah as a Pakistani resident of the kingdom who arrived 12 years ago to work as a driver. The suicide

News CatastrophesInsurance

Security ordered tightened as death toll in Baghdad hits 157

July 4, 2016 Sinan Salaheddin - THE ASSOCIATED PRESS

BAGHDAD – As the death toll from the weekend truck bombing in Baghdad climbed to 157, Iraq’s embattled prime minister ordered new security measures, including abandoning the use of bomb-detection wands that U.S. experts pronounced worthless years ago. But security

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

2015 the most lethal year for terrorism in Europe in nearly a decade: Aon Risk Solutions

April 12, 2016 by Canadian Underwriter

2015 was the most lethal year for terrorist violence in Europe in nearly a decade and the first net increase in global terrorism risk ratings since 2013, according to Aon Risk Solutions. On Tuesday, Aon Risk Solutions – the global