XL to offer standalone terrorism cover amid Tria uncertainty

Global carrier XL is set to offer standalone terrorism coverage in
the US ahead of the impending expiry of the Terrorism Risk
Insurance Act (Tria), the firm announced yesterday (1 December).
XL said that the policy was aimed at helping US businesses
address potential gaps in their terrorism coverage before the
$100bn taxpayer-funded government backstop expires.
It will offer limits of up to $100mn and cover business
interruption, loss of rental income and radiological
contamination.
Tria is curr