首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
After the terrorist attacks in America last September, terrorist risk became the pariah of perils. The airline industry was most
After the terrorist attacks in America last September, terrorist risk became the pariah of perils. The airline industry was most
admin
2009-04-26
98
问题
After the terrorist attacks in America last September, terrorist risk became the pariah of perils. The airline industry was most directly affected by the attacks, and it was the first to find that no one wanted to insure terrorist risk. Insurance companies immediately increased premiums and cut cover for airlines’ third-party terror and war liabilities to $50m per airline, per "event". Under pressure from airlines, the American government and the members of the European Union agreed to become insurers of last resort for airlines’ war and terrorist liabilities, for a limited period. These government guarantees are due to expire at the end of the month.
The American government has already agreed to extend its guarantee for another 60 days. The EU’s transport ministers are meeting next week in Brussels to decide what to do. Insurers and reinsurers are keen for the commercial market to resume the provision of all airline insurance as soon as possible. No wonder: The premiums for such cover have inevitably increased considerably.
However, in the case of terrorism, and especially of terrorism in the skies, a number of special factors arise. Some are purely practical: a disaster as sudden and unforeseen as the attacks on the World Trade Center has had destructive effects on the insurance industry. The maximum cover for third-party terrorist risk available in the primary aviation market is now $50m, and that is not nearly enough cover risks that are perceived to be much higher since September 11th. Even if the market could offer sufficient cover, another catastrophe on such a scale would be more than the market could cope with.
In addition, a rare and devastating risk of a political nature is arguably one that it is right for governments to cover, at least in part. In the wake of attacks by Irish terrorists the British government has recognized this point by agreeing to back a mutual fund to cover risks to property from terrorist attack.
In the case of the airlines, the appropriate answer is some form of mutual scheme with government backing. In fact, under the code-name "Equitime", representatives of airlines, insurers and the American government are setting up an insurance vehicle to be financed by airlines and reinsured by the government. Governments would guarantee the fund’s excess risk, but their role would diminish as the fund grew.
Setting something up will take time. So, to bridge the gap, governments will have to remain insurer of last resort for airlines’ war and terrorist risk for some time to come.
选项
A、insurance companies increased premiums.
B、airlines seek to avoid legal liabilities.
C、terrorist attacks left insurers panicked.
D、terrorist risk is unlikely to be insured.
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/xoa4777K
0
考研英语一
相关试题推荐
Excitement,fatigue,andanxietycanallbedetectedfromsomeone’sblinks,accordingtopsychologistJohnStern(21)Washington
Asia’srealboat-rockerisagrowingChina,notJapan,aseniorAmericaneconomistobserved.Thereissomuchnoisesurround
TheUnitedStateshashistoricallyhadhigherratesofmarriagethanthoseofotherindustrializedcountries.Thecurrentannual
Theroleofgovernmentsinenvironmentalmanagementisdifficultbutinescapable.Sometimes,thestatetriestomanagetheresou
Theroleofgovernmentsinenvironmentalmanagementisdifficultbutinescapable.Sometimes,thestatetriestomanagetheresou
Mosthumanbeingsactuallydecidebeforetheythink.Whenanyhumanbeing—executive,specializedexpert,orpersoninthestreet
AnyonecantrackaVenmouser’spurchasehistoryandcollectadetailedprofile—includingtheirdrugdeals,eatinghabitsand
TheDonaldTrumpadministrationannouncedThursdayanewplanaroundtheprotectionofendangeredspecies.Accordingtotheadmi
HeartdiseasehaslongbeenBritain’sbiggestsinglekiller.Despiteoureffortstowardoffitsriskfactorswithmoreexercise
BritishphysicistDr.JessWadehaswritten270Wikipediapagesfortrailblazingfemalescientistsinanefforttogeteverywom
随机试题
治疗癫瘸发作期的主穴为
下列哪项不属于围绝经期妇女的生理变化
计算某年新生儿死亡率的分母是
佝偻病激期的表现是
背景某施工企业新近承建一条一级公路沥青混凝土路面工程的施工。企业进场后即组织专业技术人员进行现场勘察、图纸审查、编制施工组织设计方案等施工准备工作。路面工程施工组织设计中,在确定施工方案和进度计划时,应考虑哪些因素?
下列属于普通发票的有()。
某建造承包商与客户签订了一份总金额为300万元的固定造价建造合同,第一年发生120万元的实际成本,预计尚需发生成本200万元。假设企业按照已发生成本占总成本比例确定完工进度,则该承包商应做的账务处理是()。
一棵二叉树中共有80个叶子结点与70个度为1的结点,则该二叉树中的总结点数为
考生文件夹下存在一个数据库文件“samp2.accdb”,里面已经设计好两个表对象住宿登记表“tA”和住房信息表“tB”。试按以下要求完成设计:创建一个查询,统计出各种类别房屋的数量。所建查询显示两列内容,列名称分别为“type”和“num”,所建查询
A、Shedoesn’tknowmuchaboutpainting.B、Sheshouldhavestartedsooner.C、Sheoughttoknowwhentheclassbegins.D、Sheworri
最新回复
(
0
)