US Dept. of Treasury Terrorism Panel Features Munich Re’s Martin Neuhaus

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12 September 2014 | Reinsurance

Martin Neuhaus lends expertise to US Department of Treasury Terrorism Risk Panel

Key stakeholders from the public and private sectors gather

Martin Neuhaus, President of National Clients Underwriting for Munich Reinsurance America, joined a panel of experts recently in Washington, DC, for a discussion about the evolution of the terrorism threat and risk exposure.

"Terrorism Risk Insurance: A Global Perspective – where do we go from here?" was sponsored by the Department of the Treasury and The Organization for Economic Co-operation and Development (OECD). This third annual meeting on terrorism risk insurance served to commemorate the tragic events of Sept. 11, 2001 and to bring together key stakeholders in the terrorism risk insurance market from the public and private sectors.

“It was an excellent opportunity for Munich Re to weigh in on this important discussion,” observed Neuhaus, “and to speak to the comprehensive, ongoing risk management process that we follow. I was honored to have a seat at the table.”
Neuhaus and the other panelists discussed the evolution of the terrorism threat in 2014, emerging challenges to international terrorism risk insurance programs and markets, and the impact of rating agencies on insurer management of terrorism risk accumulations.  

US Treasury Building, Washington, DC

U.S. Treasury Department Building, Washington, D.C.

Credit: Photographs in the Carol M. Highsmith Archive, Library of Congress, Prints and Photographs Division

Leaders from Risk Management Solutions, Georgetown University’s Center for Security Studies, Standard & Poor’s Ratings Services, AIG, and the state reinsurance pool of France also participated.

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