NU Online News Service, May 2, 2:14 p.m. EDT
Demand for insurance to cover terrorism risk, and the appetite of commercial insurers to write it, could grow following the killing of Osama bin Laden by United States forces.
Robert Hartwig, president of the Insurance Information Institute, says the death of the Al Qaeda leader and mastermind behind the largest insured loss in insurance history until Hurricane Katrina may "increase the realization that the threat was elevated" even before Sunday's news that operatives cornered and killed bin Laden in Pakistan.
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