XL Catlin launches Active Assailant, Loss of Attraction and Threat ALT solution

By a News Reporter-Staff News Editor at Bioterrorism Week -- XL Catlin's insurance operation's announced it has launched its HYPERLINK "http://xlcatlin.com/insurance/insurance-coverage/specialty-insurance/war-terrorism-and-political-violence" nActive Assailant, Loss of Attraction and Threat (ALT) insurance solution which responds to the impact of terrorism or an active assailant attack or the threat of an attack on the operations of businesses and public service providers (see also Business News).

Commenting, Stephen Ashwell, XL Catlin's Chief Underwriting Officer for Crisis Management said: "We are constantly evaluating our coverages and looking for ways our solutions can evolve. Unfortunately, the methods attackers use are changing and while there are several coverages available in the market already, many do not address the broad range of issues and impacts associated with these events. Our solution seeks to address this with significant capacity of USD 35m for Active Assailant and USD 25m for Loss of Attraction and Threat."

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