Expert: Shifting terrorism tactics pose a challenge for risk modeling

06/24/2013 | Insurance Journal

Terrorists appear to be using "simpler tactics" in recent attacks, and they are increasingly targeting symbolic sites, said Mark Lynch of Aon Benfield's Impact Forecasting. Serious threats are coming from lower-grade weapons such as the bombs planted at the Boston Marathon, Lynch said. Accurately gauging the terrorism threat is a difficult task, but Aon Benfield plans to have developed terrorism-risk models for the majority of countries within two years, he said.

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