Demand for insurance against terrorism has risen slightly and prices for such coverage are "relatively flat," says a new survey by Marsh Inc., a major insurance broker.
In a Marketwatch Update released Aug. 25, New York City-based Marsh says that 46.2% of the companies and public-sector entities surveyed bought terrorism coverage in the second quarter of this year, up from 44.2% in the first quarter. But that purchase, or "take-up," rate is substantially higher than the 23.5% reported for the second quarter of 2003.