AM Best warns of rating actions on insurers if TRIPRA is not renewed

13-05-2019

AM Best warns of rating actions on insurers if TRIPRA is not renewed

iStock/ Zabelin

US insurers with a large exposure to terrorism risk could face being downgraded by AM Best if the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is not renewed – a scenario that looks difficult at best given the hyper-partisan atmosphere pervading Washington at the moment, the rating agency has warned.


TRIPRA, AM Best, Terrorism Risk, TRIA, North America, Insurance, Reinsurance

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