The Terrorism Threat & Mitigation Report provides an overview of significant acts of terrorism during the year as well as identifying key trends and themes that we believe are relevant to the terrorism (re)insurance market.
Our methodology is based on the TRAC Terrorism Database, analysis of the wide range of publicly available open source material and collaboration with subject matter experts.
Pool Re, through TRAC, has now compiled its own data set of terrorist attacks worldwide since 2014, when Daesh announced the establishment of the so-called Caliphate. In this edition, we also analyse the frequency and severity of global terrorism over this period.
We hope that this qualitative and quantitive analysis of terrorist incidents, trends and themes will be helpful for our Members and other stakeholders as they seek a greater understanding on the frequency and severity of terrorist events and how the evolving threat impacts on their particular area of activity. Pool Re will be utilising the data derived from the TRAC Database and other sources in our actuarial and modelling processes.
In this edition, we have focused on key terrorism events and trends in 2018.