The US government's war risk insurance scheme for airlines is to be extended.
The programme would run until the end of March 2008 under the new proposal, which is still subject to final approval. The scheme limits the liability of airlines to third-party damages following a terrorist attack to $100m (£61m).
The new agreement would also extend the scheme to aircraft manufacturers and vendors, and reimburse airports and airlines for the cost of security-screening.
However the bill has been delayed until last week because funding was blocked by to Congress.
A decision is expected later this week.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
