Insurers are waiving the terrorism exclusions in their house, car, contents and commercial building policies for damage caused in the Christchurch shootings. Curtin said AA Insurance would accept claims for damage caused by the Christchurch shootings. Tower also said it would not use its terrorism clauses to refuse any claims for damage caused during the shootings. GETTY IMAGES Big overseas terrorist attacks led to insurers and reinsurers excluding claims for terrorism on their policies. "Terrorism exclusions have been in place for many years globally because insurers cannot obtain reinsurance cover for such events.

Source: Stuff March 19, 2019 03:33 UTC