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Insurers innovate to cover terrorism risk: Marsh

Terrorism risk

A report found that insurers are creating new products to cover terrorism risk related to business interruption, legal liability and political violence amid a rise in small group attacks and political conflicts, Brink News reported. The report by U.S.-based Marsh and McLennan Cos Inc. found that businesses in densely populated urban areas and transport operators face terrorism-related risk in North America, Europe and Asia-Pacific region.

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