Reinsuring Terrorism Risk
Pool Re stands as a cornerstone of the UK insurance sector, providing critical financial protection against the impact of terrorism. With a mission to enhance the nation's resilience, Pool Re operates as a unique public-private partnership, supported by an unlimited HM Treasury loan facility. The company covers an impressive £2.2 trillion of UK-based assets, encompassing businesses of all sizes across vital sectors such as real estate, retail, transport, construction, and energy.
Based in London at its primary address of 5 Lloyd's Avenue, London, EC3N 3AE, GB, Pool Re is globally recognized as the leading expert in terrorism risk financing. Established in 1993, the company emerged in response to the withdrawal of terrorism cover by most insurers due to the significant losses from the Troubles in Northern Ireland. Pool Re has since paid claims exceeding £1.25 billion (adjusted for inflation) related to 17 terrorist events.
In response to the evolving complexities of terrorism risk, Pool Re developed Pool Re SOLUTIONS, a specialist consultancy unit. This unit provides member insurers and their policyholders with tools and information to better understand and mitigate terrorism risk. Pool Re remains dedicated to providing essential reinsurance services, ensuring the continued stability and security of the UK economy. Pool Re's management is actively enhancing company information to provide you with a more comprehensive view of Pool Re’s extensive capabilities. We invite the manager of Pool Re to create a customized and exclusive company showcase and product listing on our platform.
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