Thursday, January 05, 2006

Advisen Wire: RMS Analysis Quantifies Impact of New TRIA Structure

Publication Date: January 4, 2006
Source: Advisen -- Insurance Market

"Risk Burden for Insurance Industry Has Increased but TRIA Continues to Provide Vital Protection Against Extreme Losses"

"Newark, Calif. - January 4, 2006 - Risk Management Solutions (RMS) recently performed a number of analyses for the Congressional Budget Office (CBO) to assess the absolute risk of terrorism and quantify how the terms of the December 2005 renewal of the Terrorism Risk Insurance Act (TRIA) would shift the relative share of the risk from the government to the insurance industry..."