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The Insurability of Aviation War and Terrorism Risks Under ICAO’s Unlawful Interference Convention of 2009

  • Yaw Otu Mankata Nyampong
Chapter

Abstract

In the aftermath of the events of September 11, 2001, the Council of the International Civil Aviation Organization (ICAO) established a Special Group on Aviation War Risk Insurance (SGWI). The Special Group was tasked to review the problem of aviation war risk insurance in light of the then prevailing situation, and to “develop recommendations for coordinated and appropriate assistance mechanisms for airline operators and other affected parties to be operated if and when necessary to the extent that the conventional insurance markets were unable to provide sufficient war risk coverage”. As a short term solution, the SGWI recommended the establishment of a captive insurance organization that would provide aviation war risk coverage to operators in the global air transport industry, with multilateral government support. ICAO’s attempt to implement this recommendation resulted in the rather unsuccessful Globaltime scheme discussed in the immediately preceding chapter.

Keywords

International Fund Strict Liability State Party Liability Rule International Civil Aviation Organization 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Yaw Otu Mankata Nyampong
    • 1
  1. 1.Faculty of LawMcGill UniversityMontrealCanada

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