Insurers may have to look closely at their terrorism exclusions following the explosion in Bali on Saturday.
National co-ordinator of Australia's Insurance Disaster Response Organisation (IDRO) Chr ...
Insurers may have to look closely at their terrorism exclusions following the explosion in Bali on Saturday.
National co-ordinator of Australia's Insurance Disaster Response Organisation (IDRO) Christopher Henri said that if the event was confirmed as a terrorist attack, travel policies would cover death, disability, repatriation and medical expenses."There may be some terrorism exclusions in relation to loss of belongings or cancellation or curtailment of a holiday," he said.
International Underwriters' Association (IUA) chief executive Marie-Louise Rossi said there was unlikely to be much exposure in the London Market.
