The Terrorism Risk Insurance Act of 2002 (Pub. L. 107-297, 116 Stat.
2322), as amended by the Terrorism Risk Insurance Program Reauthorization Act of
2007 (Pub. L. 110-160, 121 Stat. 1839), requires the President’s Working Group on
Financial Markets to perform an on-going analysis regarding the long-term availability
and affordability of insurance for terrorism risk. The President’s Working Group on Financial Markets (established by Executive
Order 12631) is comprised of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Securities and Exchange
Commission, and the Chairman of the Commodity Futures Trading Commission (or their designees). The Secretary of the Treasury, or his designee, is the Chairman of the
President’s Working Group on Financial Markets. As chair of the President’s Working
Group on Financial Markets, Treasury is issuing this Notice for public comment to assist the President’s Working Group with its analysis.