BN 08/01 07:58 *AXA HAD EU15M-EU20M CHARGES FROM FOUR AIR CRASHES THIS YEAR
BN 08/01 07:58 *AXA CEO: AIR CRASHES TO HAVE IMPACT ON 2015 INSURANCE TARIFFS
BN 08/01 07:58 *AXA CEO: AIR CRASHES TO HAVE IMPACT ON 2015 INSURANCE TARIFFS
Air Crashes to Have Impact on 2015 Insurance Tariffs: Axa CEO
2014-08-01 08:06:38.598 GMT
By Fabio Benedetti-Valentini
Aug. 1 (Bloomberg) -- “We think that this will have an
impact on tariff levels next year” in the aviation insurance
industry, Axa CEO Henri de Castries said in a call with
journalists today.
* Cost of air crashes this year surpasses premiums in aviation
industry: de Castries
* Axa had between EU15m and EU20m charges from four crashes
this year of Malaysian Airline, Air Algerie and TransAsia
planes, Deputy CEO Denis Duverne told journalists.
Link to Company News:{CS FP <Equity> CN <GO>}
Link to Company News:{MAS MK <Equity> CN <GO>}
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To contact the editor responsible for this story:
Fabio Benedetti-Valentini at +33-1-5365-5095 or
fabiobv@bloomberg.net
2014-08-01 08:06:38.598 GMT
By Fabio Benedetti-Valentini
Aug. 1 (Bloomberg) -- “We think that this will have an
impact on tariff levels next year” in the aviation insurance
industry, Axa CEO Henri de Castries said in a call with
journalists today.
* Cost of air crashes this year surpasses premiums in aviation
industry: de Castries
* Axa had between EU15m and EU20m charges from four crashes
this year of Malaysian Airline, Air Algerie and TransAsia
planes, Deputy CEO Denis Duverne told journalists.
Link to Company News:{CS FP <Equity> CN <GO>}
Link to Company News:{MAS MK <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Fabio Benedetti-Valentini at +33-1-5365-5095 or
fabiobv@bloomberg.net