Pool Re publishes latest monthly threat report
This month's threat update from Pool Re includes:
- Teenager Jailed Following Music Festival Terror Plot
On 15 April 2024, a 16-year-old was sentenced to seven years in prison for plotting to conduct an Islamist-inspired terrorist attack (...). According to the prosecutor, the individual had developed an “Islamic extremist mindset”...
- Terrorist Attack at Sydney Church
On 15 April 2024, an individual conducted a Bladed Weapons attack at a Sydney Church. The perpetrator targeted a bishop, a priest, and churchgoers during Mass at the Assyrian Christ The Good Shepherd Church. At least four people were injured...
- Stabbing Rampage at Sydney Shopping Centre
On 13 April 2024, an individual conducted a marauding Bladed Weapons attack at the Westfield Bondi Junction shopping centre in Sydney, Australia. There were six fatalities, and twelve others were injured...
- Terrorgram Proscribed as a Terrorist Organisation
On 26 April 2024, the Terrorgram collective was proscribed as a terrorist organisation in the UK, meaning that it is now a criminal offence to belong to, publicly support, and/or invite support for the group...
To view the latest lists of threats from Pool Re, CLICK HERE
About Pool Re
Pool Re’s purpose is to enable the UK insurance market to offer terrorism cover to any commercial property that requires it. Central to this is the integration of Pool Re’s cover with the underlying property policy which ensures that there is no gap in the cover provided.
Pool Re was designed to insulate the taxpayer from potential financial losses arising from acts of terrorism. It has achieved this effectively, to date paying £635m in respect of 13 claims arising from certified terrorism events in the UK since our establishment. It has never called on the Government’s guarantee.
By providing foundational stability at a reinsurance level, Pool Re has created an environment for the commercial market to re-establish itself, following the market failure in 1992. This stability creates and sustains access, liquidity and confidence to generate the conditions for the private market to gradually write a growing portion of terrorism risk.
Helping UK businesses build resilience against terrorism risk is a priority for Pool Re who have developed SOLUTIONS an in-house centre of excellence created to support Members and policyholders better understand risk awareness, modelling, and management. They have also invested in a range of initiatives with Government security and intelligence agencies to provide tools such as an information sharing platform.