Pool Re Slashes Reinsurance Pricing After Gov't Review

By Dawood Fakhir (May 9, 2022, 3:39 PM BST) -- Britain's terrorism reinsurer said on Monday that it will reduce its pricing by up to 30% outside central London starting October in its biggest pricing cut in 20 years following a government review.

Pool Re said the reduction in prices will depend on the locations of the businesses looking for protection. Prices will be cut by about 20% outside central London and by up to 30% in many non-urban areas, it said. Pool Re is funded by insurers but backed by government guarantees and provides protection to businesses and properties from terrorism-related damages.

Tom Clementi, Pool Re's chief executive, said the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!