Liability insurers of the planes used in the US terrorist attacks on the World Trade Centre may be forced to pay up twice, according to sources at Lloyd's.
The liablity cover is $1.7bn (£1.13bn) per event and it is possible that the hijackings could be regarded as two separate events, rather than a single act of terrorism.
But the combined value of the four hijacked planes, two American Airlines and two United Airlines, is lower than expected at $130m (£89m), because of the age of the aircraft.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
