§ Mr. FlightTo ask Mr. Chancellor of the Exchequer, if he will make it his policy to introduce the necessary legislation regarding Pool Re' insurance cover to include the Government's new wider definition of terrorism. [79017]
§ Ruth KellyWe currently have no plans to amend the definition of acts of terrorism in the Reinsurance (Acts of Terrorism) Act 1993. We are not persuaded that there is an issue of sufficient substance to justify primary legislation.
§ Mr. FlightTo ask Mr. Chancellor of the Exchequer, if he will make a statement on the Government's discussions with the commercial insurance sector regarding commercial cover being available in respect of288W the substantial area not covered by Pool Re' where presently commercial exclusion is absolute; and if he will make a statement. [79016]
§ Ruth KellyThe availability of terrorism cover in the commercial market is a matter that we have and will continue to discuss with the insurance industry. We are not persuaded that there is an issue of sufficient substance to justify primary legislation to amend the definition of acts of terrorism in the Reinsurance (Acts of Terrorism) Act 1993.