TRIA ensures US businesses can obtain the terrorism risk insurance coverage necessary to protect against the devastating consequences of a catastrophic terrorist attack.


In the wake of 9/11, more than 300,000 US jobs were lost due to the lack of terrorism risk insurance in the marketplace. TRIA ensures the long-term stability of commercial property financing, construction and other job-creating industries.

Fiscal ResponsibilityFiscal

TRIA has cost US taxpayers virtually nothing. Insurers and policy holders are required to bear first dollar losses and meet deductibles before the federal government steps in.

Bipartisan SupportBipartisan

Congress has reauthorized TRIA three times with overwhelming, bipartisan support, most recently in January 2015.

Latest News  

Department of the Treasury Report on the Overall Effectiveness of the Terrorism Risk Insurance Program

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The Report analyzes data that was collected this year by Treasury concerning the participation of insurers in the Terrorism Risk Insurance Program (TRIP). The Report concludes that TRIP, which provides a federal backstop for certain U.S. property and casualty insurance losses resulting from a certified act of terrorism, is an important mechanism in ensuring that terrorism risk insurance remains available and generally affordable in the United States.

2015 TRIA Reauthorization Proposed Rules Comments

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CIAT is pleased to have the opportunity to comment in response to FIO’s NPRM. As the principal commercial buyers of terrorism insurance, CIAT members were instrumental in the development and enactment of the Terrorism Risk Insurance Act (“TRIA”), and remain the true consumer voice on the TRIA program. CIAT continues to believe that the TRIA program has been, and remains, extremely effective, and as a result we were actively engaged as the latest reauthorization legislation made its way through Congress in 2014-2015.


As residents of the birthplace of the skyscraper, Chicagoans have the right to stand in the shadows of the tallest buildings in the world, and the passage of TRIA ensures that our skylines will no longer suffer due to the threat of terrorism.
Sen. Mark Kirk (R-IL)
Sen. Mark Kirk (R-IL)

January 9, 2015