Decision ID: 003089

In October 2005 the 1992 Fund Assembly recalled that in the light of the increased global risks from terrorism the 1992 Fund’s insurers were unable to provide cover for the Fund’s staff for damage caused or contributed to by an act of terrorism. The Assembly instructed the Director to continue to investigate further whether it would be possible to obtain insurance cover for the staff in respect of such risks at a reasonable cost. The Assembly agreed that if such insurance cover could not be purchased the 1992 Fund would need to self-insure these risks.

Date: 30.09.2005
Categories: Administrative matters, Regulations and Rules
Subjects: Staff Regulations, Staff Rules, Staff Regulations, Staff Rules