Title: Terrorism and business: a view from an insurance practitioner

Authors: Adrian Lewers

Addresses: Political and Contingency Group, Beazley Group plc, UK

Abstract: It has been said that terrorism as a risk is uninsurable because it lacks a statistical basis for analysis and, fundamentally, is a man-made phenomenon. Adrian Lewers, a terrorism, political risk and credit underwriter at Lloyd|s syndicate Beazley, discusses some of the factors that permit businesses and insurers to evaluate both the risk and threat of a terrorist event in the absence of pure statistical analysis.

Keywords: terrorism; insurance; Lloyd|s of London; Beazley; blast zone; probability; terrorist threat; risk assessment.

DOI: 10.1504/GBER.2008.019023

Global Business and Economics Review, 2008 Vol.10 No.2, pp.239 - 242

Published online: 27 Jun 2008 *

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