Peter Aves

Pool Reinsurance Co. Ltd. provides reinsurance services for property damage and business interruption against terrorism. The firm offers the cost of losses caused insurers and reinsurers to focus on the difficulties of providing terrorism cover for commercial properties, in particular the high potential cost of losses and the lack of any reliable method of estimating what the future loss experience might be and insurers depended on reinsurers for financial protection should very large claims occur and, accordingly, both insurers and reinsurers decided they could no longer provide terrorism cover using traditional methods. The company was founded in 1993 and is headquartered in London, the United Kingdom.