Written Question·Treasury·UIN 66182
Terrorism: Insurance
Tabled: 9 July 2025
Answered: 16 July 2025
Named DayQuestion
Neil Coyle
Labour — Bermondsey and Old Southwark
To ask the Chancellor of the Exchequer, whether existing (a) insurance and (b) reinsurance mechanisms cover (i) subsea cabled and (ii) other off-shore assets in the event of a terrorist attack.
Answer
Emma ReynoldsThe owners or operators of subsea cables and other off-shore assets are responsible for the insurance of their assets.
There is a wide variety of insurance products available in the UK market, including from speciality insurers. The government would always recommend the companies shop around, or engage the services of a specialist broker, to ensure they can access the cover they need at the best price.