Tria reauthorisation deal expected today

The long-awaited renewal of the US Terrorism Risk Insurance Act
(Tria) looks set to be confirmed today (5 December), according to
sources.
A six-year reauthorisation between the House of Representatives
and the Senate is expected to be announced, with the programme
trigger likely to double to $200mn.
The existing taxpayer backstop is due to expire on 31 December
2014 and has a trigger of $100mn.
Earlier this week, 45 members of the US House of Representatives
urged the speaker, John...