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International

Bombings, elections to drive terrorism insurance uptake: Official

May 15, 2018 Reprints

Robby Loho, chairman of Indonesia's insurance consortium for terrorism and sabotage, said that recent suicide bombings and upcoming elections will trigger an increase in demand for terrorism cover, Asia Insurance Review reported citing Tempo. Mr. Loho said that owners of high rise buildings and hotels are likely to buy insurance following the suicide bombings in Surabaya city on May 13. Terrorism and sabotage cover has been expanded to cover the risk of loss of profit, he added.

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Bombings, elections to drive terrorism insurance uptake: Official

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