Pool Re urges action on UK government's BI consultation

(Re)insurers are being urged to engage with a government
consultation about Pool Re broadening its coverage to meet the
business interruption needs of businesses impacted by terror
attacks.
The consultation proposes that the terror exclusion on standard
business interruption policies be removed, and for Pool Re to
become the ultimate backstop.
Currently, Pool Re can pay out for business interruption, but
only if there has also been property damage, something Pool Re CEO
Julian Enoizi is keen to