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11.06.2014 17:10:00
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Moody's: Terrorism risk insurance program extension still under review; P&C insurers likely to absorb increased risk
New York, June 11, 2014 -- The expected extension of the federal government backstop for terrorism insurance will likely impose higher deductibles and risk retentions on US P&C insurers, says Moody's Investors Service in its new report, "Debate on Terrorism Risk Insurance Program Ongoing; P&C Insurers to Bear More Risk."
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