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August 27, 2004

European Insurers Consider Certain Terrorist Risk Exclusions for Airlines

Europe's leading insurers are reportedly considering several clauses in airline insurance contracts that would exclude coverage for attacks involving chemical, biological and nuclear materials.

The risks involved are almost impossible to quantify or assess, and most airline insurers are expected to begin using the new exclusionary language in january 2005.

Read the full story

Posted by Tom Troceen


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