Document Type

Article

Publication Date

2002

First Page

25

Issue

Winter

Source Publication Abbreviation

Tr. Trends

Abstract

This article examines the effect the coordinated attacks on the World Trade Center and the Pentagon on September 11 had on insurers. The article notes that losses from an act of terrorism could rival those of acts of war and threaten the financial viability of the insurers that make American enterprise possible. The article points out that the insurers agree that they will survive this loss but will not take the chance on another of the same or greater magnitude. The article addresses ways that the risk of loss from terrorist acts may be spread across American society .

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