Trends in Terrorism

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Author :
Publisher : Rand Corporation
ISBN 13 : 9780833038227
Total Pages : 75 pages
Book Rating : 4.0/5 (382 download)

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Book Synopsis Trends in Terrorism by : Peter Chalk

Download or read book Trends in Terrorism written by Peter Chalk and published by Rand Corporation. This book was released on 2005 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a description of the evolving terrorist threat, this book's goal is to compare the underlying risk of attack to the architecture of financial protection that has been facilitated by the Terrorism Risk Insurance Act (TRIA). The Terrorism Risk Insurance Act (TRIA) requires insurers to offer commercial insurance that will pay on claims that occur from a terrorist attack, and for losses on the scale of 9/11, TRIA provides a backstop in the form of free reinsurance. The authors describe the evolving terrorist threat with the goal of comparing the underlying risk of attack to the architecture of financial protection that has been facilitated by TRIA.

Trends in Terrorism, Threats to the United States and the Future of the Terrorism Risk Insurance Act

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Author :
Publisher :
ISBN 13 :
Total Pages : 89 pages
Book Rating : 4.:/5 (644 download)

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Book Synopsis Trends in Terrorism, Threats to the United States and the Future of the Terrorism Risk Insurance Act by :

Download or read book Trends in Terrorism, Threats to the United States and the Future of the Terrorism Risk Insurance Act written by and published by . This book was released on 2005 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Terrorism Risk Insurance Act of 2002 (TRIA) was crafted in the aftermath of the 9/11 attacks after the insurance industry, stung by $32 billion in damage claims (by current estimates) and fearing another attack of equal magnitude, began to exclude terrorism coverage from policies. The legislation requires insurance companies to make terrorism insurance available to customers and, in return, provides federal reinsurance (a "backstop") for losses from terrorist attacks. It is intended to give insurers time to assess their exposure to terrorism risk and to consider how to price and underwrite the risk. TRIA is set to expire at the end of December 2005. TRIA embodies federal policy that a private insurance market will provide the foundation of the financial recovery from future terrorist attacks. It also recognizes that since the risk is unfamiliar to the industry, federal government assistance should, at least in the short run, be made available to support this market. In this book, we examine whether this policy and, in particular, the architecture of TRIA provide robust protection against the threat of losses from future attacks. By robust, we ask specifically whether the structure of TRIA is in line with the fundamental qualities of the risk of terrorism and with likely evolving trends in this threat. The focus of the analysis is on developments that have relevance for terrorist attacks taking place within the borders of the continental United States and the extent to which they are addressed (or not) by the TRIA framework.

National Security Perspectives on Terrorism Risk Insurance in the United States

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Author :
Publisher :
ISBN 13 : 9780833085382
Total Pages : 21 pages
Book Rating : 4.0/5 (853 download)

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Book Synopsis National Security Perspectives on Terrorism Risk Insurance in the United States by : Henry H. Willis

Download or read book National Security Perspectives on Terrorism Risk Insurance in the United States written by Henry H. Willis and published by . This book was released on 2014 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, in response to terrorism insurance becoming unavailable or, when offered, extremely costly in the wake of the 9/11 attacks. The law provides a government reinsurance backstop in the case of a terrorist attack by providing mechanisms for avoiding an immediate drawdown of capital for insured losses or possibly covering the most extreme losses. Extended first in 2005 and again in 2007, TRIA is set to expire at the end of 2014, and Congress is again reconsidering the appropriate government role in terrorism insurance markets. This policy brief examines the potential national security implications of allowing TRIA to expire. Examining the history of terrorism in the United States since the passage of TRIA and reviewing counterterrorism studies, the authors find that terrorism remains a real national security threat, but one that is very difficult for insurers to model the risk of. They also find that terrorism risk insurance can contribute to making communities more resilient to terrorism events, so, to the extent that terrorism insurance is more available with TRIA than without it, renewing the legislation would contribute to improved national security.

Future Trends and New Approaches in Defeating the Terrorism Threat

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Author :
Publisher : IOS Press
ISBN 13 : 161499272X
Total Pages : 144 pages
Book Rating : 4.6/5 (149 download)

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Book Synopsis Future Trends and New Approaches in Defeating the Terrorism Threat by : IOS Press

Download or read book Future Trends and New Approaches in Defeating the Terrorism Threat written by IOS Press and published by IOS Press. This book was released on 2013-07-17 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The threat of terrorism has become an ever present preoccupation, necessitating the constant review and updating of defensive strategies to counter it from national governments and policymakers. This book presents selected articles based on some of the lectures delivered at the NATO Centre of Excellence – Defence against Terrorism (COE – DAT) Advanced Training Course (ATC) Future Trends and New Approaches in Defeating the Terrorism Threat, held in Algiers, Algeria, in October 2011. Subjects covered by these articles include an overview of terrorism; respecting human rights in the countering of terrorism; suicide terrorism; terrorism involving weapons of mass destruction; bioterrorism; terrorism, media and public information; strategic communications in the defence against terrorism; the challenges posed by non-state armed groups; and sources of instability. This collection of articles will be of interest to all those involved in countering the threat of terrorism worldwide.

Terrorism Insurance

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437909973
Total Pages : 36 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Terrorism Insurance by : Yvonne D. Jones

Download or read book Terrorism Insurance written by Yvonne D. Jones and published by DIANE Publishing. This book was released on 2009-03-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Terrorism Risk Insur. Act. (TRIA) specifies that the fed. gov¿t. assume financial responsibility for insured losses on commercial properties resulting from future terrorist attacks. While TRIA has been credited with stabilizing markets for terrorism insur. after 9/11, questions remain as to whether certain policyholders, esp. those located in large urban areas viewed as being at high risk of attack, may still face challenges in obtaining coverage. This study describes: (1) whether the availability of terrorism insurance for commercial properties is constrained in any geographic markets; (2) factors limiting insurers¿ willingness to provide coverage; and (3) advantages and disadvantages of selected public policy options to increase the availability of such insurance. Illus.

Initial Results on Availability of Terrorism Insurance in Specific Markets

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437907784
Total Pages : 33 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Initial Results on Availability of Terrorism Insurance in Specific Markets by : Yvonne D. Jones

Download or read book Initial Results on Availability of Terrorism Insurance in Specific Markets written by Yvonne D. Jones and published by DIANE Publishing. This book was released on 2009-02 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The terrorist attacks of 9/11, have resulted in insured losses of $32.5 billion. To help restore confidence and stability in property insurance markets, the Terrorism Risk Insurance Act of 2002 was passed under which the fed. gov¿t. assumed significant responsibility for the potential insured financial losses associated with future terrorist attacks. However, some remain concerned that there may still be gaps in coverage. There are concerns about the ability of policyholders located in large urban areas that are viewed as being at high risk of attack to obtain terrorism insurance coverage. This study determines if specific markets in the U.S. have any unique constraints on the amount of terrorism insurance available and to evaluate options to enhance coverage.

The Federal Role in Terrorism Insurance

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Author :
Publisher : Rand Corporation
ISBN 13 : 9780833044334
Total Pages : 148 pages
Book Rating : 4.0/5 (443 download)

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Book Synopsis The Federal Role in Terrorism Insurance by : Lloyd Dixon

Download or read book The Federal Role in Terrorism Insurance written by Lloyd Dixon and published by Rand Corporation. This book was released on 2007-10-23 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the Terrorism Risk Insurance Act's effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.

Terrorism threats and the insurance market : joint hearing

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422323922
Total Pages : 112 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Terrorism threats and the insurance market : joint hearing by :

Download or read book Terrorism threats and the insurance market : joint hearing written by and published by DIANE Publishing. This book was released on with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Terrorism Risk Insurance: Background, Reauthorization and Alternative Approaches

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Author :
Publisher : Nova Snova
ISBN 13 : 9781536181845
Total Pages : 312 pages
Book Rating : 4.1/5 (818 download)

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Book Synopsis Terrorism Risk Insurance: Background, Reauthorization and Alternative Approaches by : Oliver Novakovic

Download or read book Terrorism Risk Insurance: Background, Reauthorization and Alternative Approaches written by Oliver Novakovic and published by Nova Snova. This book was released on 2020-08-05 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the September 2001 terrorist attacks on the United States, insurers generally did not exclude or separately charge for coverage of terrorism risk. The events of September 11, 2001, changed this as insurers realized the extent of possible terrorism losses. Congress responded to the disruption in the insurance market by passing the Terrorism Risk Insurance Act of 2002 (P.L. 107-297). The goals of TRIA are to (1) protect consumers by addressing market disruptions and ensuring the continued widespread availability and affordability of commercial property/casualty insurance for terrorism risk; and (2) allow for a transitional period for the private markets to stabilize, resume pricing of such insurance, and build capacity to absorb any future losses, while preserving state insurance regulation and consumer protections. The book looks at issues surrounding TRIA.

Terrorism Risk Insurance

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Author :
Publisher : Nova Science Publishers
ISBN 13 : 9781626186972
Total Pages : 0 pages
Book Rating : 4.1/5 (869 download)

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Book Synopsis Terrorism Risk Insurance by : Oscar A. Madsen

Download or read book Terrorism Risk Insurance written by Oscar A. Madsen and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the 11 September 2011 terrorist attacks, insurance coverage for losses from such attacks was normally included in general insurance policies without specific cost to the policyholders. Following the attacks, such coverage became very expansive if insurers offered it at all. Because insurance is required for a variety of economic transactions, it was feared that the absence of insurance against terrorism loss would have a wider economic impact. Private terrorism insurance was largely unavailable for most of 2002 and some have argued that this adversely affected parts of the economy. Congress responded to the disruption in the terrorism insurance market by passing the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA created a temporary three-year Terrorism Insurance Program in which the government would share some of the losses with private insurers should a foreign terrorist attack occur. This book analyses the TRIA program at ten years and the future of the terrorism risk insurance program.

The Future of Terrorism

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Author :
Publisher : SAGE Publications
ISBN 13 : 1452246424
Total Pages : 289 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis The Future of Terrorism by : Harvey W. Kushner

Download or read book The Future of Terrorism written by Harvey W. Kushner and published by SAGE Publications. This book was released on 1997-11-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A very serious and terrifying aspect of our contemporary society is the ever-present threat of terrorist activity. The horrific events that occurred at the World Trade Center and at the federal building in Oklahoma City dispel the notion that the United States is immune to such acts. Understanding this ominous kind of threat is the best way to prepare for it. The Future of Terrorism provides rich insight into the definitions and classifications of terrorism, the impact of international events on terrorism in the United States, trends in domestic terrorism, infiltration by foreign terrorist groups, media and terrorism, reducing the risk, deterrents, trends and projects for the future. Edited by Harvey W. Kushner, this carefully organized and very readable volume contains original contributions by a wide array of noted scholars, researchers, practitioners, media professionals, and advocates. Tailored for advanced undergraduate and graduate students in the social sciences, The Future of Terrorism is also a must read for academics, law enforcement personnel, victimologists, mental health professionals, and concerned readers in the general public.

Protecting Americans from Catastrophic Terrorism Risk

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Protecting Americans from Catastrophic Terrorism Risk by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Protecting Americans from Catastrophic Terrorism Risk written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2007 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Terrorism Risk Insurance: An Overview

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Publisher :
ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (742 download)

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Book Synopsis Terrorism Risk Insurance: An Overview by :

Download or read book Terrorism Risk Insurance: An Overview written by and published by . This book was released on 2005 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: After September 11, 2001, many businesses were no longer able to purchase insurance protecting against property losses that might occur in future terrorist attacks. Addressing this problem, Congress enacted the Terrorism Risk Insurance Act of 2002 (TRIA) to create a temporary program to share future insured terrorism losses with the property-casualty insurance industry and policyholders. The act requires insurers to offer terrorism insurance to their commercial policyholders, preserves state regulation of this type of insurance, and directs the Secretary of the Treasury to administer a program for sharing terrorism losses. The 3-year program that TRIA created backs up commercial property and casualty insurance, covering up to $100 billion each year after set insurer deductibles. The government pays 90% of insured losses over the deductible, with the insurer paying 10%. Concern was expressed even before the enactment of TRIA that a 3-year program would be too limited to allow the private sector to develop the capacity to insure terrorism risk. Three pieces of legislation were introduced in the 108th Congress to extend the program. One bill, H.R. 4634, was reported favorably from the House Financial Services Committee, but no floor action occurred. In the 109th, two bills have been introduced, S. 467 by Senator Christopher Dodd and H.R. 1153 by Representative Michael Capuano. In addition, a Senate hearing on TRIA is scheduled for April 14, 2005. This report provides an overview of the issues, including a summary of TRIA and the TRIA extension legislation. It will be updated as significant events occur.

Global Trends 2040

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Author :
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act

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Author :
Publisher : Rand Corporation
ISBN 13 : 0833041037
Total Pages : 153 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act by : Stephen J. Carroll

Download or read book Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act written by Stephen J. Carroll and published by Rand Corporation. This book was released on 2005-11-17 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios examined.

Terrorism Risk Insurance

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781977579553
Total Pages : 54 pages
Book Rating : 4.5/5 (795 download)

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Book Synopsis Terrorism Risk Insurance by : United States Government Accountability Office

Download or read book Terrorism Risk Insurance written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-23 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: number of countries have established national terrorism risk insurance programs to respond to market shortages for such insurance resulting from attacks either in their own or other countries. Many programs were created following the events of September 11, 2001, but some existed earlier. In 2002, the Terrorism Risk Insurance Act established a program to ensure the availability of terrorism risk insurance in the United States. The Terrorism Risk Insurance Program Reauthorization Act of 2015 includes a provision for GAO to review how other countries have structured and funded their terrorism risk insurance programs. This report compares the structures of and the role of government in selected foreign terrorism insurance programs and examines the loss-sharing arrangements between the government and private sector. Of the 16 programs identified through a literature review, GAO selected 6 representing a range of structures to examine in-depth-programs in Australia, Austria, India, Spain, the United Kingdom, and the United States. For the six programs, GAO reviewed program financial statements, annual reports, and documentation from the Organisation for Economic Co-operation and Development and interviewed officials from terrorism insurance programs, agencies, reinsurance companies, and trade associations. GAO makes no recommendations

International Terrorism

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Publisher : DIANE Publishing
ISBN 13 : 1437927238
Total Pages : 35 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis International Terrorism by : Raphael F. Perl

Download or read book International Terrorism written by Raphael F. Perl and published by DIANE Publishing. This book was released on 2010-10 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines international terrorist actions, threats, U.S. policies and responses as of 2007. Contents: (1) The War on Terrorism; (2) The Threat of Terrorism; (3) Trends in Terrorism; (4) U.S. Policy Response; (5) U.S. Policy Tools to Combat Internat. Terrorism: Diplomacy/Constructive Engagement; Public Diplomacy; Econ. Sanctions; Econ. Inducements; Covert Action; Extradition/Law Enforcement Cooperation; Rewards for Info. Program; Military Force; International Conventions; Other Potential Policy Tools; An Internat. Court for Terrorism; Media Self-Restraint; (6) Policy Reform and the 9/11 Comm. Recommend.; (7) U.S. Interagency Coordination Framework and Selected Programs; (8) Program Enhancement Issues and Options: Allocation of Resources.