Winter 2019

Terrorism: A Maturing Market Meets an Evolving and Expanding Peril

The nature of the terrorism threat facing society has changed considerably in the last 20 years. Governments and (re)insurers had structured their mitigation strategies and responses to deal with attacks that were large in scale. Recently, though, we have seen a spate of smaller, less sophisticated, yet no less appalling acts of terrorism across geographies that involve mass casualties and fear-inducing events. Guy Carpenter has developed this report on the terrorism (re)insurance market as demand from state terrorism pools and the private market grows for sophisticated modeling, additional capacity and an increasing array of terrorism protection-gap solutions.

 
 
 

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