Chem industry insurance risk unchanged by terror attacks
21 July 2005 15:10 [Source: ICIS news]
LONDON (CNI)--Business interruption insurance rates did not change after the terror attacks in
“We have not seen an increase in the number of enquires for specialist insurance," said a spokeswoman at Hiscox.
She said that advice from the Control Risk Group, an international risk assessment organisation, was that the risk to the chemicals industry has not changed.
Other insurance sources said that the chemicals industry was not currently a target for terror attacks in the
They were speaking ahead of Thursday's emergencies on London's public transport system in which a small explosion was confirmed on a number 26 bus in the Hackney area of east London and smoke was seen coming out of a train entering Warren Street station in central London.
Warren Street station and underground line stations at Shepherd's Bush and Oval were evacuated. Four underground train lines were suspended; Hammersmith and City, Victoria, Northern and Bakerloo.
There were no reports of any deaths or serious injuries in the incidents in which police said might have involved up to four small explosions.
The incidents occurred two weeks after four bombs were detonated in terror attacks on the London transport system, killing 56 people and injuring some 700.
By: Simon Robinson
+44 20 8652 3214
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