Property Damage All Risks at a sum insured of over 5 billion Euros for Istanbul Airport

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Property Damage All Risks at a sum insured of over 5 billion Euros for Istanbul Airport

Property Damage All Risks at a sum insured of over 5 billion Euros for Istanbul Airport

The property damage all risks insurance for the first-phase of the recently launched Istanbul Airport is undertaken at a sum insured of over 5 billion by 4 insurers.  The insurance covers fire, earthquake and flood, as well as loss of profit. In addition to all perils related to the aircraft fleet and passengers at the airport, any losses of profit which may be sustained under any circumstances will also be insured.

The first phase of Istanbul Airport is effected at a sum insured of above 5 billion Euros by 4 insurance companies. According to the news released by Rahim Ak from Haberturk.com, Istanbul Airport is insured by Ziraat Sigorta, the leading insurer, and also by Halk Sigorta, Güneş Sigorta and Axa Sigorta. Passengers and airplaces are insured against all perils, which will attach from the time they enter Istanbul Airport.

 

37 PERCENT RETAINED BY ZİRAAT SİGORTA

Company Share (%)
Ziraat Sigorta 37
Halk Sigorta 25
Güneş Sigorta 25
Axa Sigorta 13