XL Catlin adds BI to terrorism cover
XL Catlin has launched a new business interruption (BI) product
for terrorism risk, covering both actual and threatened
attacks.
The new product is called the Active Assailant, Loss of
Attraction and Threat cover. The active assailant component covers
medical and counselling expenses, property damage and BI costs when
a physical attack results in injury to people at the affected
location.
The loss of attraction cover addresses incidents when an attack
causes loss of profit, but doesn't actually
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