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Published in: Economy & Finance, Business
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Transcript

  • 1. Dedicated To Our Loving Parents and Teacher’s
  • 2. Group Member’s Sana Suleman Sana Arshad Asma Afzal Memoona Imtiaz
  • 3. Topic:Changing Trends of Risk Management after 9/11
  • 4. Outline:What is Risk? What is Risk Management World Trade center & 9/11 Risk Management Trend before 9/11 Risk Management Trends after 9/11
  • 5. 9/11/2001 All the policies & Trends regarding risk management were changed.
  • 6. Economic effects arising from the September 11 attacks…. Economic Sector Airline and Aviation Tourism Agriculture & Food Security Financial Markets Geographical Situation changed
  • 7. Effects on insurance industry: The 9/11 attacks resulted in one of the largest insurance losses in history.
  • 8. Risk Management Before 9/11
  • 9. No Coverage for terrorism by Insurance Industry before … 9/11…
  • 10. Risk management after 9/11…..
  • 11. Passing of Terrorism Risk Insurance Act(TRIA) 2002
  • 12. Another MAJOR change arising from the 9/11 attacks concerned fire coverage. .
  • 13. Catastrophic Bonds

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