Frequently Asked Questions

FIXING THE COMPENSATION (only applicable if your insurer is a member of TRIP)

What if the total amount of the injury/damage incurred during a calendar year exceeds €1 billion?

If the total amount of the claims for injury/damage incurred during a calendar year exceeds €1 billion, the amount of your compensation will be lower than that specified in your insurance policy. Once the percentage of compensation has been calculated, the insurers will pay compensation according to this percentage. Beneficiaries will therefore not receive full compensation for the injury/damage incurred.

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ASBL/VZW TRIP - Terrorism Reinsurance & Insurance Pool - de Meeûssquare / Square de Meeûs, 29 - 1000 Brussels - Belgium Privacy Notice TRIP - March 2020