US Treasury slams terrorism insurance rules

Peter Madigan
22 Jun 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The US Treasury has urged Congress not to consider any plans to make the controversial Terrorism Risk Insurance Act (TRIA) permanent, fearing that it will lead to the government becoming a de facto reinsurer.

Speaking before a meeting of the House Committee on Financial Services, treasury assistant secretary for financial institutions David Nason warned congressmen that any moves to expand the provision beyond its current lifespan or geographical boundaries would “[represent] a programme

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]