World Insurance Report
Allianz aviation liability scheme takes off
Allianz has now set up its planned scheme for insuring airlines against third party liability on the ground. Reports suggest that
the German group’s
Allianz Globus MAT unit has gone into partnership with a subsidiary of the US
Berkshire Hathaway group, and that the Globus will assume 45% of the risk while the Berkshire subsidiary will assume 55%.