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Terrorism cover may cost less

Language: English Series: Times ; 17 December 1994, 18(1)Publication details: 1994Subject(s): Summary: The government-backed Pool-Re scheme for terrorism insurance is to reduce premiums by up to 40% in 1995 provided that terrorism claims do not exceed £50m. First instalment of 60% will be payable at the start of the policy period with the possibility of the second instalment being waived.

The government-backed Pool-Re scheme for terrorism insurance is to reduce premiums by up to 40% in 1995 provided that terrorism claims do not exceed £50m. First instalment of 60% will be payable at the start of the policy period with the possibility of the second instalment being waived.