Insurers are failing to provide businesses with adequate protection from terrorist attack, a report has found.
The report, "Trends in Terrorism: Threats to the United States and the Future of the Terrorism Risk Insurance Act," claims the US would suffer economic instability if it came under attack from terrorists.
The study said terrorism insurance is inadequate as it fails to cover losses from domestic terrorist groups and most policies exclude coverage for nuclear, biological and chemical attacks.
The study calls on the US Congress to fill the coverage gaps by expanding the Terrorism Risk Insurance Act (TRIA) and extending it beyond 31 December 2005.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
