Public sector quadruples terrorism insurance purchases

Extracts from an article by Scott McGee, Reporter at Insurance Times.

"Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research 

Purchases of terrorism insurance policies more than quadrupled in value in 2017, according to analysis from market research group Tussell.

Local authorities and other public bodies spent £56m on terrorism insurance last year, compared wiht only £13m in 2016, for an increase of 331%.

Tussell found that the top 10 buyers accounted for 42% of the total value."

Read the full article on Insurance Times' website.

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