Taking cover against terror
Series: Estates Gazette ; (0144) 3 November 2001, 142-143(2)Publication details: 2001Subject(s): Summary: A mainly for students article which discusses how the property industry is taking a fresh look at terrorism insurance cover. The UK already has two separate schemes that provide compensation for property and works in the aftermath of terrorism. This article will consider the scheme applicable to mainland Britain - the Pool Reinsurance scheme. How this operates is that the insurance market provides cover; and government just plays a supporting role if there should ever be a shortfall of funds. By paying an additional premium, cover for damage caused by terrorism can be 'bought back'. Thus creating a mutual insurance pool, known as pool reinsurance, or just Pool Re.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64808 (Browse shelf(Opens below)) | 1 | Available | 115857-1001 |
A mainly for students article which discusses how the property industry is taking a fresh look at terrorism insurance cover. The UK already has two separate schemes that provide compensation for property and works in the aftermath of terrorism. This article will consider the scheme applicable to mainland Britain - the Pool Reinsurance scheme. How this operates is that the insurance market provides cover; and government just plays a supporting role if there should ever be a shortfall of funds. By paying an additional premium, cover for damage caused by terrorism can be 'bought back'. Thus creating a mutual insurance pool, known as pool reinsurance, or just Pool Re.