In the News Insurers could underwrite more terrorism risk, CBO says
Surplus capital in the reinsurance market means insurers could take on more terrorism risk than they are, Ray Lehmann writes, arguing that reforms passed by Congress this year didn’t go far enough, as there was “ample evidence that private insurers, reinsurers, brokers and underwriting syndicates are ready and able to do more.” The Congressional Budget Office supports that stance, Lehmann writes.
