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Ironshore boosts terrorism coverage to $400 million

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Bermuda-based insurer Ironshore Inc. has increased its insurance capacity for terrorism and sabotage coverage to $400 million from the previous amount of $375 million available to clients, The Royal Gazette reported. The insurance cover provides protection against damage to commercial and residential property, including business interruption, resulting from terrorist attacks worldwide. Ironshore offers war and terrorism cover through its Lloyd's Pembroke Syndicate 4000 platform.

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