Nerves subside in the terror market
A reduction in rates, for the first time since 11 September 2001, has at last seen the multinationals returning to 'traditional' insurers for their terrorism cover, reports Marcus Alcock
Despite the wars in Afghanistan and Iraq, and bigger budgets and resources devoted to the problem by governments around the world, the threat posed by terrorism remains as potent as ever.
Sadly, the atrocity of 11 September 2001- three years ago - has been far from the last evil act of recent years, with this year's Madrid train bombings providing another graphic demonstration of the threat that exists globally. On 11 March 2004, 10 bombs exploded on four packed early-morning commuter trains
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