A Terrorism Risk Analyst's Perspective on TRIA
- Tags:
- Finance,
- Financial Planning,
- Government,
- Homeland Security,
- Risk Management Solutions,
- Terrorism,
- Terrorism Risk Insurance Act
- Source:
- Risk Management Solutions
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Overview: The insurance industry as a whole should be concerned with the level of the terrorist threat, not just over a short term horizon of the next few years, but as it evolves over several decades. A far-sighted insurance risk manager may endeavor to develop a terrorism book of business so that it should remain profitable over this extended medium-term period??even if a major loss were to be suffered. Over the next few decades, the demand for terrorism insurance is likely to be sustained by the tide of Islamic fundamentalism, which may ebb and flow, but even if at a low level, it may be swelled by the oratory of charismatic radical religious leaders??fundamentalists like Muqtada Sadr.
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Format: PDF | Size: 143KB | Date: Sep 2005 | Pages: 10
