Actuarial Analysis Reports ‘Permanent’ Solution Necessary for Economic Fallout from Terrorist Acts

December 4, 2005

  • December 5, 2005 at 3:56 am
    Aquagecko says:
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    Did you hear that?
    I believe someone from the industry spoke up about the ridiculous idea that the insurance industry could take on terrorism by itself.
    Bush and Snow need to figure this out as well.
    The industry should distance itself from terrorism as fast as it can.
    Terrorism is an \”act of war\” and that is something the industry has been excluding for some time.
    Too many fail to see the catastrophe potential for the profit potential.
    Thank goodness the actuaries have the guts to stand up and say so.



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