Which of the following is NOT a TRIA goal?

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Multiple Choice

Which of the following is NOT a TRIA goal?

The idea behind TRIA is to stabilize the U.S. terrorism insurance market by creating a temporary federal backstop that shares terrorism losses with private insurers, while still preserving state regulation of insurance and ensuring that coverage remains available and affordable for consumers. The three correctly aligned goals focus on making terrorism coverage available and affordable and keeping the insurance system largely under state oversight, with the federal program stepping in during large losses to maintain market stability. The statement about promoting international cooperation in terrorism risk assessment isn’t a TRIA objective. TRIA concentrates on domestic market stability, not on coordinating international risk assessment efforts. The other items fit TRIA’s aims: establishing a federal backstop for terrorism losses, protecting consumers through continued availability and affordability, and preserving state regulation of insurance.

The idea behind TRIA is to stabilize the U.S. terrorism insurance market by creating a temporary federal backstop that shares terrorism losses with private insurers, while still preserving state regulation of insurance and ensuring that coverage remains available and affordable for consumers. The three correctly aligned goals focus on making terrorism coverage available and affordable and keeping the insurance system largely under state oversight, with the federal program stepping in during large losses to maintain market stability.

The statement about promoting international cooperation in terrorism risk assessment isn’t a TRIA objective. TRIA concentrates on domestic market stability, not on coordinating international risk assessment efforts. The other items fit TRIA’s aims: establishing a federal backstop for terrorism losses, protecting consumers through continued availability and affordability, and preserving state regulation of insurance.

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