Correspondence

Letter from HM Treasury to Pool Reinsurance Limited

This letter provides an update regarding elements of HMT interpretation when certifying incidents under the Reinsurance (Acts of Terrorism) 1993 Act.

From:
HM Treasury
Published
20 August 2025

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Letter from HM Treasury to Pool Reinsurance Limited

PDF, 103 KB, 3 pages

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Letter from HM Treasury to Pool Reinsurance Limited

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Under the Retrocession Agreement between HMT and Pool Re, made pursuant to the Reinsurance (Acts of Terrorism) Act 1993, HMT has a role in certifying whether a particular incident falls within the definition of an ‘act of terrorism’ contained in the Act, and hence whether the incident would be covered by Pool Re. This letter provides an update to a 2004 letter, issued by HMT, regarding general principles of HMT interpretation in applying the relevant definition of terrorism.

Updates to this page

Published 20 August 2025

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