Frequently Asked Questions

COVERAGE UP TO €1 BILLION

How is the €1-billion compensation fund constituted?

This amount is funded by insurers, reinsurers and the Belgian authorities. The risks incurred by insurance companies are covered by reinsurers against payment of a premium. The amount of the fund is based on what insurers can contribute each year without jeopardising the sustainability of their enterprise.

Together, insurers and reinsurers collected a total of €700 million in 2008 for all terrorism-related injury/damage which might be allocated to that year. The authorities supplied the remaining €300 million.

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