POOL REINSURANCE

the story of pool re

We are the UK’s leading terrorism reinsurer. Trusted by more than 150 global insurers, we work in partnership with Government to serve 90% of the UK terrorism property insurance market, helping policyholders build resilience against terrorism risk in an evolving and increasingly complex threat landscape.

our history

We are globally recognised as the leading experts in terrorism risk financing, and have been operating since 1993, following the withdrawal of terrorism cover by most insurers as a result of the Provisional IRA’s bombing campaign against financial targets and city centres during the period.

To date we have paid claims in excess of £1.25 billion (when adjusted for inflation) in relation to 17 terrorist events since our foundation. However, we have never called on the Government’s guarantee, demonstrating the effectiveness of our scheme to insulate the taxpayer from financial losses arising from acts of terrorism.

Pool Re today

We operate as a unique public-private partnership, with the benefit of an unlimited HM Treasury loan facility. We cover £2.2trillion of UK based assets including businesses of all sizes, from shopping centres and local traders to airports and power grids; across sectors of the economy such as real estate, retail, transport, construction and energy. 

In response to the increasing complexities of terrorism risk, we developed Pool Re SOLUTIONS, a specialist terrorism risk management division created to provide Member insurers and their policyholders with a range of tools and information to better understand and mitigate the complex risk of terrorism. 

Fund has been built up to meet potential claims

Paid out in claims, equivalent to £1.25bn adjusted for inflation

Of premiums paid to HMT, which can be drawn on if required

External reinsurance purchased by Pool Re from the global retrocession market’

Of liabilities insured by Pool Re

Unlimited HMT loan facility

%

Less than 10% SMEs have terrorism insurance

ILS bond issuance to support £100m of cover within external reinsurance

our mission

Our mission is to ensure that every business in Great Britain can access affordable and comprehensive terrorism insurance, fostering confidence and resilience in the British economy and insulating the taxpayer from the financial impacts of catastrophic terrorist attacks.


As a result, and in response to the increasing complexities of terrorism risk, we developed Pool Re SOLUTIONS – a specialist terrorism risk management division created to provide Member insurers and their policyholders with a range of tools and information to better understand and mitigate the complex risk of terrorism.


From international collaboration to innovations in insurance coverage, our range of partnerships and initiatives are at the heart of our multi-million pound commitment into counterterrorism research, development and risk mitigation activities.

EXPLORE MORE ABOUT US

Recently Published

Russia: Highly Likely Crocus City Hall Terrorist Attack Conducted by Islamic State
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Russia: Highly Likely Crocus City Hall Terrorist Attack Conducted by Islamic State

UK: New Definition of Extremism Announced
Threat Analysis Threat Landscape

UK: New Definition of Extremism Announced

Left-Wing Anarchist Guilty of Preparing Acts of Terrorism
Threat Analysis Threat Landscape

Left-Wing Anarchist Guilty of Preparing Acts of Terrorism

Three Charged with Attack Plot Against Islamic Education Centre
Threat Analysis Threat Landscape

Three Charged with Attack Plot Against Islamic Education Centre

“Andrew Tate Admirer” Jailed Following University Attack Plot
Threat Analysis Threat Landscape

“Andrew Tate Admirer” Jailed Following University Attack Plot

Islamist Terrorist Sentenced to a Minimum of Five Years in Prison
Threat Analysis Threat Landscape

Islamist Terrorist Sentenced to a Minimum of Five Years in Prison

Home Office proscribe Hizb ut-Tahrir as a terrorist organisation
Islamist Terrorism Threat Analysis

Home Office proscribe Hizb ut-Tahrir as a terrorist organisation

Vehicle as a Weapon and Bladed Weapons Attack in Israel
Threat Analysis Threat Landscape

Vehicle as a Weapon and Bladed Weapons Attack in Israel

Six Arrested Over Plot to Disrupt London Stock Exchange
Single Issue Terrorism Threat Analysis

Six Arrested Over Plot to Disrupt London Stock Exchange

Individual Sentenced to Life in Prison for Attack Plot
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Individual Sentenced to Life in Prison for Attack Plot

UK Podcast Hosts Sentenced for Terror Offences
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UK Podcast Hosts Sentenced for Terror Offences

Individual Sentenced After Hostile Reconnaissance at Iran International UK Headquarters
State Threat Threat Analysis Threat Landscape

Individual Sentenced After Hostile Reconnaissance at Iran International UK Headquarters

New Statistics Show Increase in Prevent Referrals
Threat Analysis Threat Landscape

New Statistics Show Increase in Prevent Referrals

Individual Jailed for Hyde Park Firearms Plot
Islamist Terrorism Threat Analysis

Individual Jailed for Hyde Park Firearms Plot

Seven Individuals Arrested Over Terror Plots Linked to the Middle East
Islamist Terrorism Threat Analysis

Seven Individuals Arrested Over Terror Plots Linked to the Middle East

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Islamist Terrorism Threat Analysis

Islamist Terrorist Conducts Bladed and Blunt Force Weapons Attack in Paris

2023 Annual Threat Report
Annual Report Threat Landscape

2023 Annual Threat Report

Former British Soldier Found Guilty of Preparing Right-Wing Terrorist Attack
Right Wing Terrorism Threat Analysis

Former British Soldier Found Guilty of Preparing Right-Wing Terrorist Attack

Suspected UK Member of Islamic State Sentenced for Terrorism Offences
Islamist Terrorism Threat Analysis

Suspected UK Member of Islamic State Sentenced for Terrorism Offences