One year on.
Since 11 September, the insurance industry has rethought its attitudes to terrorism cover and business interruption plans. Diane Smyth reports.
The human cost of the terrorist attacks on the US is incalculableand, one year on, the insurance losses are still unknown. Alan Leaman,
head of media and political affairs at the Association of British
Insurers, says current estimates of the financial loss vary from $40bn to
$70bn (£26bn to £46bn) and the total financial loss will not be known for
decades.
Emotional responses aside, there was widespread uncertainty in the
financial markets after 11 September. As Andrea Pound, press manager for
the
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