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War and terrorism risk insurance problem to be solved

Shanghai, China - A proposal for the setting up of a "not for profit" new insurance company

Faced with a potential four-fold increase in their insurance premiums for 2002 and future years, largely due to war and terrorism risk following September 11, the IATA airlines resolved to seek a global solution to the problem. They affirmed their strong support for the global war risk solution developed by the International Civil Aviation Organization (ICAO) and requested governments to support the...

AVIONEWS - World Aeronautical Press Agency - 29376
Rome, Italy, 06/04/2002 15:26
AVIONEWS - World Aeronautical Press Agency

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