The Terror attack in Paris is likely to prompt many mid-sized companies to consider taking terrorism insurance cover, according to senior officials in the sector. While the insurance industry doesn’t expect any major fallout, officials said it makes sense for many small and mid-sized corporates to look at suitable cover. “We don’t expect any increase in terror insurance premium. Big corporates have already taken cover. Medium-sized corporates may now go for terror cover. In Paris, there were human casualties but buildings and...
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