Air France announced it would compensate relatives of all 113 people who perished as a result of the July 25 crash of a Concorde aircraft near Paris. The airline’s Deputy Managing Director Philippe Calavia said that the company’s insurers would …
Air France representatives repeated the company’s promise to fully indemnify all the families of the victims of the Concorde which crashed on takeoff July 26th killing all 109 people on board and 4 on the ground. Lawyers for the 97 …
Air France will compensate relatives of all 113 victims of the Concorde crash, including those who were killed on the ground, Reuters news service reported. The airline’s Deputy Managing Director Philippe Calavia told a news conference that insurance companies were …
Insurers could pay out more than $320 million as a result of the July 25 Air France Concorde crash that killed 113 people, according to the Guardian, a U.K. newspaper. The supersonic jet went down just after taking off from …
Flights on Air France’s five Concorde jets will remain suspended, pending decisions on how to improve the safety of the plane following the July 25 Air France Concorde crash. The supersonic jet went down just after taking off from the …
Insurers could face up to $350 million in claims from Tuesday’s Air France Concorde crash that claimed the lives of all 109 passengers and crew aboard. European companies are expected to foot most of the bill. Compensation for families of …
A supersonic jet went down just after taking off from the Charles de Gaulle Airport Tuesday, killing all but one of the 109 passengers and crew. The Air France Concorde crashed near Les Relias Bleus Hotel in the little town …
As most people with experience in the movie industry could tell you, it’s an easy way to lose a lot of money. That may happen to several insurance companies, notably France’s AXA, if they lose the lawsuits that have been …
The “AA” long-term counterparty credit and insurer financial strength ratings on the insurance operating companies of the AXA Group of France were affirmed by S&P. The rating action includes all ratings on AXA”s U.S. subsidiaries. The outlook on all entities …
According to reports appearing in the Times of London, and France’s financial newspaper Les Echos, the world’s largest broker, Marsh & McLennan, plans to expand its operations in the U.K. and on the continent. The Times cited Dan Jones, head …
