Home | Business News | Browse by Publication | B | Business Insurance

Canceled events prompt claims, coverage crunch.

Publication: Business Insurance
Publication Date: 08-OCT-01
Format: Online - approximately 515 words
Delivery: Immediate Online Access

Article Excerpt
LONDON-High-profile event cancellations in the wake of the Sept. 11 terrorist attacks, such as the postponement of the Ryder Cup golf tournament, are giving rise to insurance claims, and event organizers are finding it increasingly difficult to insure events in the London market.

Faced with many claims, cancellation underwriters are excluding terrorism from standard event-cancellation policies and are hiking rates as capacity shrinks, brokers say.

The cancellation market ``no longer is providing any form of terrorism...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Business Insurance
Road ends for Reliance; WTC disruption speeds insurer's entry into liq..., October 08, 2001
Airlines, airports starting to see sharp rate hikes.(Brief Article), October 08, 2001
Updates.(Hartford Financial Services Group)(Brief Article), October 08, 2001
Insurers shaken but solvent-so far., October 01, 2001
Top advancing issues:.(insurance industry)(Brief Article)(Statistical ..., October 01, 2001

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.