All the capital budgeting techniques like NPV, IRR, MIRR, BCR, NBCR
, PI, PB, DPB and ARR favour the decision of implementing the project.
There is a high probability that an NBCR
attack would result in catastrophic TRIA-triggering losses, and such events should be addressed in any potential revisions of the program.
As the federal backstop currently remains in place, many insurers have sought to acquire additional protection via reinsurance (excluding NBCR
events) that protects them for virtually all certified conventional losses.
A few large property owners have engineered some NBCR
coverage by forming captive insurers, which are eligible for TRIPA protection, Peters noted.
Especially important to the various policyholder groups that are CIAT's members, according to DePoy, are provisions of TRIREA that would lengthen the term of the program to 15 years; give businesses the ability to secure NBCR
coverage under the same terms and conditions as for conventional risks; eliminate the existing legislation's distinction between foreign and domestically-sponsored acts of terror; and reduce the program's trigger level.
This article also explores the role of regional institutions in encouraging security cooperation in the Asia-Pacific, particularly in relation to NBCR
security, and assesses their achievements in ensuring the implementation of, and compliance with, global multilateral non-proliferation agreements.
101 require the agency head to determine the purchase supports a contingency operation or is in defense against or recovery from an NBCR
4299 would also require Government Accountability Office (GAO) studies of NBCR
events, as well as of availability and afford-ability of terrorism insurance in specific markets.
We think that the NBCR
issue should be addressed only after a full study of all its potential implications.
RIMS believes the NBCR
risks represent some of the most problematic areas in the on-going TRIA debate.
Government Accountability Office issued a report on life insurers and the so-called NBCR