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Terrorism

With worldwide terrorist activities increasing in frequency and severity, never has the need been so great for Terrorism cover to be bought to protect your assets, interests and liabilities.

The odds of a terrorist attack on your property are difficult to predict but the potential damage and liability is enormous. The Septmber 11th attacks in 2001 resulted in an estimated loss of USD31.7bn.

This cover is becoming even more important as the modern terrorist does not just target government owned property, with more and more attacks now being carried out in the private sector. We are constantly seeing attacks on bars, restaurants, hotels, public transport, entertainment and leisure facilities, banks, offices, airports, pipelines and refineries.

Limits Provided

Up to USD$50m or EUR€ 50m or the equivalent in any other currency each and every loss any one declaration

100% of order is permissible

Jurisdiction

Worldwide

Coverage Highlights

  • Direct and Reinsurance placements
  • Physical Loss or Physical Damage
  • Riots, Strikes, Civil Commotion
  • Malicious Damage
  • Terrorism and Sabotage

 

Service

24 to 48 hours for indicative pricing and options subject to receipt of a satisfactory application

Contact: Cameron Shire (cshire@prospectbrokers.com)