Reinsurance:Terrorism Coverage

• Both the property and casualty treaties include limited terrorism coverage

• Property

  • New risks below $50 million
  • Renewal risks below $75 million
  • Subject to a $31 million occurrence and aggregate limit

• Casualty

  • Terrorism exclusion applies only to a select list of “target” risks
  • Subject to a $23 million occurrence limit and a $46 million aggregate limit

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