Published on Atlas Magazine (https://www.atlas-mag.net)

No significant losses for HSBC after the 20 November attacks

Magazine Issue:

The New Insurance Distribution Networks: Banks and Postal Services are the unannounced guests of the Insurance Sector [3]

Magazine date:

Dec 2003

According to the British companies Lloyd, Aviva, Royal & Sun Alliance, and the German reinsurer Munich Re, the November attacks (31 dead and more than 400 wounded) that damaged only the lower half of the HSBC building, should not register significant losses. In Turkey, most of the policies exclude terrorist risk coverage.

Mon, 13/05/2013 - 15:52

Source URL: https://www.atlas-mag.net/en/article/no-significant-losses-for-hsbc-after-the-20-november-attacks

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[3] https://www.atlas-mag.net/en/issue/the-new-insurance-distribution-networks-banks-and-postal-services-are-the-unannounced-guests-o