IFTRIP has been conceived as an independent working group serving as a discussion body for issues relevant to the providers of any kind of national/state level terrorism insurance or reinsurance, and as a forum for the discussion of relevant developments in the insurance/reinsurance industry.
The key activities for IFTRIP during 2017 will be discussed at the forthcoming conference in Paris at the end of June and will provide an opportunity to share technical issues and practical concerns in relation to the provision of terrorism insurance or reinsurance around the world.
Julian Enoizi, CEO of Pool Re said, “I am very pleased that the VVO is the latest terrorism reinsurance pool to formally commit its support to IFTRIP. The goal of this organisation is clear. We are bringing together the expertise and experience housed in terrorism reinsurance pools across the globe to evolve our products and develop a more comprehensive terrorism reinsurance proposition. Terrorism is no longer limited to specific nations, nor are terrorists’ restricted to traditional attack methods. IFTRIP enables us to develop a more collective and robust response which draws on the best our industry has to offer.”