PrepQuestions-Topics8,9-Spring2011

PrepQuestions-Topics8,9-Spring2011 - Prep Questions Topics...

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Prep Questions Topics 8, 9 The following are preparation questions for quizzes. Some of these questions require that you use information from the text that has not been or may not be covered in lecture but is required reading. PQ 1 .To answer the following questions you will need to: Read the following bulk pack article: “Terrorism Risk and Insurance”. Then review information on this web page. http://www.treasury.gov/resource-center/fin-mkts/Pages/program.aspx What is The Terrorism Risk Insurance Act (TRIA)? Has it been extended since 2007? Has its name changed? a. Is TRIA public or private insurance? Explain. See Bulk Pack Chapter 7a. b. Before the enactment of TRIA, how did terrorism risk impede capital growth in the US? c. Immediately post 911, private insurers had little data concerning US terrorism attacks. How did this impact their ability to develop a premium for terrorism insurance? d.
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