Terrorist atrocity leaves insurers facing record costs

In the wake of the havoc that was wreaked in the US yesterday the total bill to insurers is expected to top the $3bn (£2.05bn) paid out following the Piper Alpha oil platform disaster in 1988, which is currently the most expensive man-made incident for insurers to date.

The World Trade Centre towers alone cost $750m (£513.7m) to build in the early 1970s and insurers will be liable for the damage done to surrounding property including the 47-storey Salomon building

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Verisk London 2024: Key takeaways

In the fourth and final video recorded at the Verisk Insurance Conference in London, Insurance Post content director Jonathan Swift spoke to delegates and speakers about the lessons they learned at this year’s event.

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