20-04-2017 12:52 via insuranceinsider.com

XL Catlin lifts US terror limit

XL Catlin has increased its US terrorism coverage limit by a
quarter to $250mn, amid a global increase in political violence
incidents.
The insurer's standalone terrorism product aims to plug gaps
in the standard US government political violence coverage offered
by the 2002 Terrorism Risk Insurance Program, which was
reauthorised by President Obama in 2015.
The XL Catlin product includes bodily injury liability
insurance, with options to add coverage for the prospect of
chemical or nuclear attac
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