Terrorism insurance pools worldwide look to insure new perils: Aon

9/10/2018 5:50:00 AM

Source: Business Insurance

U.K.-based insurance broker Aon P.L.C. said that terrorism insurance pools worldwide have increasingly adapted to changes in perils to offer cyber and pandemic cover related to terror attacks, Middle East Insurance Review reported. Aon said that U.K.-based Pool Reinsurance Co. Ltd. plans to introduce a non-damage business interruption cover resulting from terrorism in 2019. The insurance pools are also considering covering small and medium-sized enterprises for indirect losses such as denial of access and loss of attraction following terror attacks, Aon added.