Manchester bombing anniversary is a reminder to never take security for granted
The risk landscape has dramatically shifted since the Manchester bombing. Venues must do more to protect themselves from terror threats
Stay updated with breaking news from Tom Clementi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The risk landscape has dramatically shifted since the Manchester bombing. Venues must do more to protect themselves from terror threats
Proposals set to take effect in April next year
Pool Re’s proposals to convert its reinsurance arrangements from the current facultative obligatory treaty to an annual aggregate catastrophe excess of loss treaty will take effect in April 2025.
Pool Re members and the Treasury have backed proposals for the government-backed terrorism reinsurer to adopt a treaty model from next spring.
Proposals to make Pool Re a treaty reinsurer could lead to a greater proportion of UK SMEs taking out terrorism cover, senior industry figures have said.9