Terrorism Tops List Of Buyer Concerns

Terrorism coverage, the hardening insurance market, alternative risk-financing options and job security are among the most critical challenges facing corporate insurance buyers in 2003, leading risk managers say.

“At the top of a lot of people's lists is how to respond to the terrorism reinsurance act's implementation,” said Chris Mandel, president of the New York-based Risk and Insurance Management Society. “The onus is on the industry to do that now, and it has 90 days to do it. I think it will put a lot of pressure on buyers to make decisions quicker and with less formality than in the past.”

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.