There is no terror pool or government involvement in terror coverage. No terrorism exclusions exist for personal lines, although an aggregate sub-limit per year is common. For commercial and industrial lines, terrorism is generally excluded — but with a limited write-back. Workers compensation is regulated by Norwegian law and covers terrorism. Reinsurance generally follows the original conditions, but excludes NBC terrorism.
(The report includes all charts and exhibits)
Click here to have articles from this series delivered directly to your inbox.