000 01305cam a2200253 4500
001 ABS64808
008 011204n2001 000 0 eng u
035 _a(Sirsi) u115857
100 _aMorris, A.
245 _aTaking cover against terror
260 _c2001
490 _aEstates Gazette
_v(0144) 3 November 2001, 142-143(2)
520 _aA 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.
590 _aABS
650 _aPOOL REINSURANCE SCHEME
650 _aTERRORISM
650 _aDAMAGE
650 _aPROPERTY INDUSTRY
650 _aRETROCESSION AGREEMENTS
650 _aCOMPENSATION
650 _aNORTHERN IRELAND
690 _aInsurance
_96249
942 _n0
999 _c69022
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