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S&P watchful on implications of Tria delay


Standard & Poor’s (S&P) does not expect to take widespread rating actions in the short term on US insurers as a result of Congress failing to renew the Terrorism Risk Insurance Act (Tria) this year. But this could change if a solution is not imminent in January for players that are not prepared for this eventuality.

S&P, Tria, Congress, US

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