AVIATION INSURANCE
April 1st, 2005
BY KEITH NUTHALLTHE AVIATION insurance industry - which covers airports as well as planes - has promised to maintain competition, even when faced with major disasters, such as the September 11 attacks. A Crisis Response Protocol has been agreed between the two main underwriter groups - the International Underwriting Association of London and the Lloyd's Market Association. It says they will avoid "excessive coordination" in such situations, working to ensure the availability of adequate aviation insurance. The European Commission, which has been pushing for the ...
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