Public security

Use of Chemical, Biological, Radiological and Nuclear Weapons by Non-State Actors
Insurance is available to cover some of the effects of the use of chemical, biological, radiological and nuclear (CBRN) weapons by non-state actors. With this in mind, Lloyd’s commissioned this study by Chatham House with a view to providing a forward-looking assessment of the global threat relating to the use of these weapons. The report includes scenarios which are designed to be representative of plausible but extreme occurrences for the use of each weapon type. These scenarios were devised by Chatham House to be illustrative of the types of events that insurers may want to consider in their exposure management and underwriting strategies. Lloyd’s hopes that, by providing an up-to-date, balanced assessment of the present risk, this report will help inform exposure management and product innovation in the insurance industry.