Insurers must prep for TRIPRA termination: AM Best

Insurers with significant terrorism risks must focus on stress
testing, limits management and reinsurance as the possible
expiration of the Terrorism Risk Insurance Program Reauthorisation
Act (TRIPRA) looms, AM Best said in a report today.
The ratings agency noted that the FBI's recent announcement
that Russian hackers penetrated sensitive infrastructure points in
the US points to a "growing likelihood" of a cyber terror
attack at a time when insurers are still looking to clarify what
risks are