Terrorism Insurance - The 2002 Marketplace Metadata

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Title

  • Main Title Terrorism Insurance - The 2002 Marketplace

Creator

  • Author: Woodall, S. Roy, Jr.
    Creator Type: Personal
    Creator Info: Government and Finance Division

Publisher

  • Name: Library of Congress. Congressional Research Service.
    Place of Publication: Washington D.C.

Date

  • Creation: 2002-01-15

Language

  • English

Description

  • Content Description: The terrorist attacks of September 11 resulted in the largest insured catastrophic loss in history, estimated to total as much as $70 billion. Even though the insurance industry committed to pay losses resulting from the attacks, industry spokesmen asserted that in view of the impending unavailability of terrorism reinsurance on January 1, 2002, primary insurers would not be able to cover future terrorism losses on renewals of commercial risk policies without a federal backstop. This report contains information on Congressional actions in 2001,the initial industry reaction, the market reaction, terrororism exclusions, and more.
  • Physical Description: 6 pages

Subject

  • Legislative Indexing Vocabulary: Finance
  • Legislative Indexing Vocabulary: Risk management
  • Legislative Indexing Vocabulary: Insurance companies
  • Legislative Indexing Vocabulary: Business

Coverage

  • Coverage Date: 2002

Collection

  • Name: Congressional Research Service Reports
    Code: CRSR

Institution

  • Name: UNT Libraries Government Documents Department
    Code: UNTGD

Resource Type

  • Report

Format

  • Text

Identifier

  • CRS Report Number: RS21106
  • Accession or Local Control No: RS21106 2002-01-15
  • Archival Resource Key: ark:/67531/metacrs7013
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