At 23:47 16/09/01, you wrote:
>One thing I have not seen mentioned by anyone is insurance. All of the
>insurance policies I have seen specifically exclude war and acts of
>terrorism. As far as I know, none of the damage is covered by insurance,
>none of the equipment or losses will be reimbursed, and none of the life
>insurance policies will be honored. Does anybody have more specific
>information about the insurance industry's response to this?
Actually BBC News 24, covered the issue on the Tuesday evening.
If i remember correctly. They said that the claims were expected
to be in the region of 20-22 billion and that it was generally believed by
the insurance industry that the risk was mostly sufficiently spread to
avoid too many problems. News 24 is usually pretty reliable.
Obviously this is just what i can remember from a news report,early during
the analysis of the events, situation way have been reassessed by now.
Zeb
"FURIOUS GREEN DREAMS, LAY SLEEPING IN STATE,
BUT SOON THE GREAT JELLY SHALL RISE FROM THE
DEPTHS,
AND ALL THOSE WHO MOCKED SHALL KNOW THEIR FATE
IS SEALED"
Guru Zeb,
Hacienda,
Manchester, 1989
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