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How all-encompassing is the war risk exclusion?

January 15, 2020 by Greg Meckbach

Exclusions in commercial insurance for losses arising from violence might be broader than some of your clients think. “The war risk exclusion does not just apply where war has been officially declared between two or more countries,” said Lalita Mohabir, national

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Is your client covered from business interruption arising from terrorism?

June 6, 2019 by Greg Meckbach

What if a terrorist attack interrupts your client’s business, but causes no actual injuries or damage to that client? Some insurers today are covering non-damage costs and loss of attraction. This could come into play if there is a terrorist

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Terrorism is changing. How coverage is following suit

June 3, 2019 by Greg Meckbach

As the terrorism threat shifts from large-scale attacks to softer targets, coverage options from insurance carriers are evolving as well. Some policies cover incidents when an attacker uses a gun, knife or acid for example, Tarique Nageer, Marsh LLC’s terrorism

News Mergers and Aqcuisitions

Business losses from terrorism shifting away from property damage: Aon

April 6, 2017 by Canadian Underwriter

Terrorism “linked to” Al Qaeda and the Islamic State of Iraq and the Levant “remains a critical threat” worldwide, especially in the oil and gas sector, but with a recent trend towards terrorists using vehicles as weapons, the loss to

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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

News InsuranceMergers and Aqcuisitions

Compound beside Aden, Yemen international airport hit by suicide bomber

July 6, 2016 Ahmed Al-Haj - THE ASSOCIATED PRESS

SANAA, Yemen – A suicide car bomber struck a military and security compound adjacent to the international airport in southern Yemeni port city of Aden on Wednesday, killing at least 10 people and setting off clashes with soldiers, medical and

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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