“The type of threat will continue to change as new technologies and opportunities reveal themselves to terrorist organisations – cyber terrorism is an example of a newly developing frontier within the peril.”
A terrorism report by Guy Carpenter, from which the above quote comes from, has called on the (re)insurance industry to “remain in tune” with developments as the peril mutates – from large-scale attacks to “smaller, less sophisticated, yet no less appalling acts of terrorism across geographies that involve mass casualties and fear-inducing events.”
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