XL Catlin doubles terror limits
XL Catlin has doubled the limits it offers for standalone terror
cover to $200mn and added liability coverage for events involving
an active assailant.
When the carrier first launched its terror cover in 2014 it
initially offered a $100mn limit to cover events that did not fall
within the scope of the Terrorism Risk Insurance Program
Reauthorization Act (TRIPRA).
The act, which first appeared in 2002 in response to the 9/11
attacks, provides a federal backstop for insurance claims related...
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