Terrorist implications.
The financial implications of the terrorist attacks in America will take years to unravel, warned An...
The financial implications of the terrorist attacks in America willtake years to unravel, warned Andy Homer, chief executive of Axa
Insurance.
"Governments and capital markets, including insurers, need to look at
their approach to the terrorist risk the world faces," he stated. "If the
claims exceed £50bn they will use up the spare cash in the insurance
industry and put underwriters in future difficulties."
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