Chubb boosts terrorism and war capacity by 50%

Chubb has raised its capacity by 50 percent to $150mn or
EUR150mn for terrorism, political violence and war risk coverage,
citing the evolving threats facing large international firms.
The move "demonstrates our commitment to responding to
growing client demand for certainty and comprehensive cover across
the full range of perils", according to Piers Gregory,
underwriting manager for terrorism and political violence within
the company's Overseas General Insurance segment.
Previously, the capacit