000 01608cam a2200313 4500
001 ABS64914
008 011210n2001 000 0 eng u
035 _a(Sirsi) u115920
100 _aCreasey, S
245 _aHow these terrorists have caused a fifty per cent hike in your insurance premium
260 _c2001
490 _aProperty Week
_v66(46) 16 November 2001, 33-38(5)
520 _aFeature on the insurance industry in the wake of the September terrorist attacks. Looks at the impact on the commercial property market and the predicted rise in property premiums. Highlights that the reinsurance market is under particular pressure and discusses the role of Pool Re, the government-backed reinsurance organisation established 1993 to spread the risk of UK insurance companies. Advises landlords and tenants of the importance of insuring against the risk of terrorism and explains how terrorist damage is dealt with in leases of commercial property, highlighting problems with the standard lease provisions and how to negotiate new leases. Summarises that property owners should expect rate increase, terrorism rate increases and less flexible underwriting.
590 _aABS
650 _aTERRORISM
650 _aREINSURANCE
650 _aINSURANCE PREMIUMS
650 _aINSURANCE INDUSTRY
650 _aPROPERTY OWNERS
650 _aCOMMERCIAL LEASES
650 _aTERRORISM INSURANCE
650 _aPROPERTY-COMMERCIAL PROPERTY
650 _aRISK
650 _aUNITED STATES
690 _aInsurance
_96249
700 _aEvans, A
700 _aTebbs, A
942 _n0
999 _c69052
_d69052