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Pool Re
Pool Reinsurance Company Limited, also known as Pool Re, was set up in 1993 by the insurance industry in cooperation with the UK Government in the wake of the Provisional Irish Republican Army, IRA Baltic Exchange bomb, bombing of the Baltic Exchange in 1992. Pool Re is a mutual reinsurer whose members comprise the vast majority of insurers and Lloyd's of London, Lloyd’s Syndicates which offer commercial property insurance in the UK, with membership of the scheme affording them a guarantee which ensures that they can provide cover for losses resulting from acts of terrorism, regardless of the scale of the claims. The Scheme, which was the first public/private partnership to cover insured losses caused by acts of terrorism, is owned by its members but is underpinned by a HM Treasury commitment to support Pool Re if ever it has insufficient funds to pay a legitimate claim. Pool Re pays a premium to the Government for this guarantee and would repay the money over time if it ever us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
POOL RE PRIMARY
Pool may refer to: Water pool * Swimming pool, usually an artificial structure containing a large body of water intended for swimming * Reflecting pool, a shallow pool designed to reflect a structure and its surroundings * Tide pool, a rocky pool on an ocean shore that remains filled with seawater when the tide goes out * Salt pannes and pools, a water-retaining depression located within salt and brackish marshes * Plunge pool, a small, deep body of water * Stream pool, a quiet slow-moving portion of a stream * Spent fuel pool, a storage facility for used fuel rods from a nuclear reactor Sports and gambling * Pool (cards), the common pot for stakes or the stakes themselves in card games * Pool (dominoes), the stock or boneyard in dominoes * Pool (cue sports), a group of games played on a pool table * Pool (poker) or pot (poker), money wagered during a single hand of poker * Pool betting or parimutuel betting, a betting system in which all bets of a particular type are placed toget ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Troubles
The Troubles ( ga, Na Trioblóidí) were an ethno-nationalist conflict in Northern Ireland that lasted about 30 years from the late 1960s to 1998. Also known internationally as the Northern Ireland conflict, it is sometimes described as an "irregular war" or "Low-intensity conflict, low-level war". The conflict began in the late 1960s and is usually deemed to have ended with the Good Friday Agreement of 1998. Although the Troubles mostly took place in Northern Ireland, at times violence spilled over into parts of the Republic of Ireland, England and mainland Europe. The conflict was primarily political and nationalistic, fuelled by historical events. It also had an Ethnic group, ethnic or sectarian dimension but despite use of the terms 'Protestant' and 'Catholic' to refer to the two sides, it was not a Religious war, religious conflict. A key issue was the Partition of Ireland, status of Northern Ireland. Unionism in Ireland, Unionists and Ulster loyalism, loyalists, who for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrorism Insurance
Terrorism insurance is insurance purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities. It is considered to be a difficult product for insurance companies, as the odds of terrorist attacks are very difficult to predict and the potential liability enormous. For example, the September 11, 2001 attacks resulted in an estimated $31.7 billion loss. This combination of uncertainty and potentially huge losses makes the setting of premiums a difficult matter. Most insurance companies therefore exclude terrorism from coverage in casualty and property insurance, or else require endorsements to provide coverage. Industry needs Concentration of risk is another factor in determining availability for terrorism insurance. Due to the concentrated losses of the World Trade Center, carriers were hit with large losses in one centralized location. Insurers seek to spread the coverage over a wider geographic area than as with other ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Reinsurance Pool Corporation
The Treasury, fully Department of the Treasury, is the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and the Australian federal budget. The Treasury is one of only two government departments that have existed continuously since Federation in 1901, the other being the Attorney-General's Department. The most senior public servant in the Treasury is the department secretary, currently Steven Kennedy who was appointed in September 2019. Ministerial responsibility for the department lies with the Treasurer, currently Jim Chalmers who took office in the Albanese government in May 2022. History The Australian Treasury was established in Melbourne in January 1901, after the federation of the six Australian colonies. In 1910, the federal government passed the ''Australian Notes Act 1910'' which gave control over the issue of Australian bank notes to The Treasury and prohibited the circulation of state notes and withdr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrorism Risk Insurance Act
The Terrorism Risk Insurance Act (TRIA) (, ) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal "backstop" for insurance claims related to acts of terrorism. The Act "provides for a transparent system of shared public and private compensation for insured losses resulting from acts of terrorism." The Act was originally set to expire December 31, 2005, was extended for two years in December 2005, and was extended again on December 26, 2007. The Terrorism Risk Insurance Program Reauthorization Act expired on December 31, 2014. On January 7, 2015 the House of Representatives voted 416-5 to approve the Terrorism Risk Insurance Program Reauthorization Act of 2015, (, ) extending the TRIA through December 31, 2020. The Senate approved the extension the day after by a vote of 93-4. On January 12, 2015, President Barack Obama signed the extension into law. On December 17, 2019 the House of Representatives voted 297-1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyberterrorism
Cyberterrorism is the use of the Internet to conduct violent acts that result in, or threaten, the loss of life or significant bodily harm, in order to achieve political or ideological gains through threat or intimidation. Acts of deliberate, large-scale disruption of computer networks, especially of personal computers attached to the Internet by means of tools such as computer viruses, computer worms, phishing, malicious software, hardware methods, programming scripts can all be forms of internet terrorism. Cyberterrorism is a controversial term. Some authors opt for a very narrow definition, relating to deployment by known terrorist organizations of disruption attacks against information systems for the primary purpose of creating alarm, panic, or physical disruption. Other authors prefer a broader definition, which includes cybercrime. Participating in a cyberattack affects the terror threat perception, even if it isn't done with a violent approach. By some definitions, it mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyber Terrorism
Cyberterrorism is the use of the Internet to conduct violent acts that result in, or threaten, the loss of life or significant bodily harm, in order to achieve political or ideological gains through threat or intimidation. Acts of deliberate, large-scale disruption of computer networks, especially of personal computers attached to the Internet by means of tools such as computer viruses, computer worms, phishing, malicious software, hardware methods, programming scripts can all be forms of internet terrorism. Cyberterrorism is a controversial term. Some authors opt for a very narrow definition, relating to deployment by known terrorist organizations of disruption attacks against information systems for the primary purpose of creating alarm, panic, or physical disruption. Other authors prefer a broader definition, which includes cybercrime. Participating in a cyberattack affects the terror threat perception, even if it isn't done with a violent approach. By some definitions, it mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CBRN Defense
Chemical, biological, radiological and nuclear defence (CBRN defence) are protective measures taken in situations in which chemical warfare, chemical, biological warfare, biological, radiological warfare, radiological or nuclear warfare, nuclear warfare (including terrorism) hazards may be present. CBRN defence consists of CBRN passive protection, contamination avoidance, and Weapon of mass destruction, weapons of mass destruction mitigation. A CBRN incident differs from a hazardous material incident in both scope (i.e., CBRN can be a mass casualty situation) and intent. CBRN incidents are responded to under the assumption that they are intentional and malicious; evidence preservation and perpetrator apprehension are of greater concern than with HAZMAT incidents. A 2011 forecast concluded that worldwide government spending on CBRN defence products and services would reach US$8.38bn that year. Etymology In English language, English the term ''CBRN'' is a replacement for the 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
September 11th 2001 Attacks
The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commercial airliners scheduled to travel from the Northeastern United States to California. The hijackers crashed the first two planes into the Twin Towers of the World Trade Center in New York City, and the third plane into the Pentagon (the headquarters of the United States military) in Arlington County, Virginia. The fourth plane was intended to hit a federal government building in Washington, D.C., but crashed in a field following a passenger revolt. The attacks killed nearly 3,000 people and instigated the war on terror. The first impact was that of American Airlines Flight 11. It was crashed into the North Tower of the World Trade Center complex in Lower Manhattan at 8:46 a.m. Seventeen minutes later, at 9:03, the World Trade Center’s Sout ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrorism Act 2000
The Terrorism Act 2000 (c.11) is the first of a number of general Terrorism Acts passed by the Parliament of the United Kingdom. It superseded and repealed the Prevention of Terrorism (Temporary Provisions) Act 1989 and the Northern Ireland (Emergency Provisions) Act 1996. It also replaced parts of the Criminal Justice (Terrorism and Conspiracy) Act 1998. The powers it provides the police have been controversial, leading to noted cases of alleged abuse, and to legal challenges in British and European courts. The stop-and-search powers under section 44 of the Act have been ruled illegal by the European Court of Human Rights. Definition of terrorism Terrorism is defined, in the first section of the Act, as follows: Section 1. – :(1) In this Act "terrorism" means the use or threat of action where- ::(a) the action falls within subsection (2), ::(b) the use or threat is designed to influence the government r an international governmental organisationor to intimidate the public or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provisional Irish Republican Army
The Irish Republican Army (IRA; ), also known as the Provisional Irish Republican Army, and informally as the Provos, was an Irish republican paramilitary organisation that sought to end British rule in Northern Ireland, facilitate Irish reunification and bring about an independent, socialist republic encompassing all of Ireland. It was the most active republican paramilitary group during the Troubles. It saw itself as the army of the all-island Irish Republic and as the sole legitimate successor to the original IRA from the Irish War of Independence. It was designated a terrorist organisation in the United Kingdom and an unlawful organisation in the Republic of Ireland, both of whose authority it rejected. The Provisional IRA emerged in December 1969, due to a split within the previous incarnation of the IRA and the broader Irish republican movement. It was initially the minority faction in the split compared to the Official IRA, but became the dominant faction by 1972. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting (OSCAR), the replacement for the Combined Online Information System (COINS), which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts (WGA) annual financial statements are produced. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was stored. The Treasury of the United Kingdom thus traces its origins to the Treasury of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
