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The Fate of Pool Re

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<title>Fate of Pool Re</title>
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<title>The Chartered Insurance Institute journal</title>
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<dateIssued encoding="marc">1993</dateIssued>
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<abstract displayLabel="Summary">Pool Re is the mutual insurance organisation established by the Government to accommodate claims folowing terrorist outrages. Pool Re started life at the beginning of 1993 after insurance companies had collectively agreed that there was insuffient capacity in the market to provide terrorism cover and accordingly wrote a terrorism exclusion clause into their commercial insurance policies. The Government, alarmed at the prospect of businesses being uninsured against the threat of IRA bombs, agreed to become "reinsurer of last resort"</abstract>
<note type="statement of responsibility">Kevin Pratt</note>
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<topic>Empresas de reaseguros</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080562663">
<topic>Gran Bretaña</topic>
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<topic>Riesgos extraordinarios</topic>
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<topic>Terrorismo</topic>
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<topic>Reaseguro</topic>
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<title>The Chartered Insurance Institute journal</title>
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<text>September 1993 ; p. 20-22</text>
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