European airports face deepening insurance crisis

(13-Oct-2001) -

(16-Oct-2001) - EUROPE. At press-time ACI Europe was warning that European airports could be just days from a total shutdown because of reduced insurance cover. Leading airports, previously covered for up to $1bn, are now being offered cover of between $5m and $50m per incident.

(26-Sep-2002) - Airports Council International (ACI) Europe has warned that airports are facing the renewed threat of insufficient insurance cover and the withdrawal of vital government assistance

(3-Jul-2002) - EUROPE. The region?s airports are reiterating calls for urgent support from governments to secure insurance for their operations. Since September 11 demands for higher insurance premiums against the risk of war and terrorism have led to a crisis among airports worldwide.

(3-Oct-2002) - Without the immediate support of European governments, airlines and airports will soon be left with insufficient third-party and terrorism insurance cover to ensure the continuation of normal operations