BestWeek: Airbus' Super-Jumbo Jet Could Super-Size Insurer Liability.OLDWICK, N.J. -- Aviation insurers patiently await the introduction of the world's largest passenger aircraft into the commercial aviation space despite a series of delays that have altered its production and delivery schedule, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an article in the June 26 BestWeek. Aviation insurers say the size of the A380 and its large seating capacity Noun 1. seating capacity - the number of people that can be seated in a vehicle or auditorium or stadium etc. commodiousness, spaciousness, capaciousness, roominess - spatial largeness and extensiveness (especially inside a building); "the capaciousness of Santa's will increase exposure significantly, and force airlines and manufacturers to seek higher hull and liability insurance limits. Airports also face increased liability. Airbus said it will make good on its promise to deliver the first A380 to Singapore Airlines  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . before the end of the year, but would likely limit delivery of the aircraft in 2007 to nine, instead of the 20 to 25 initially planned. Also in this week's BestWeek, as federal probes widen and shareholder lawsuits mount over alleged stock-option abuses in corporate America, directors and officers just may be on the hook Adj. 1. on the hook - caught in a difficult or dangerous situation; "there I was back on the hook" dangerous, unsafe - involving or causing danger or risk; liable to hurt or harm; "a dangerous criminal"; "a dangerous bridge"; "unemployment reached dangerous to pay out potentially millions to companies hit with huge damages or settlements. The U.S. Securities & Exchange Commission and the U.S. Justice Department are reportedly probing more than 40 companies over the timing of their stock-options grants, an exclusive article states. Also featured is Best's Insurance Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". , which finished the week of June 22, 2006, at 1,076.80, up 5.5% from a year ago. The composite index reflects the performance of 133 insurance stocks. The week's top performers were National Interstate Corp.; NYMagic; Genworth Financial Genworth Financial is an international financial services organization that offers a portfolio of primarily consumer-focused products through its various companies, including annuities, combination products, investment services, life insurance, long term care insurance, medicare ; Coventry Health; and Axis Capital. The week's bottom performers were Fairfax Financial; National Atlantic Holdings; Direct General Corp.; James River James River or Dakota River River in the U.S. rising in central North Dakota and flowing southeast across South Dakota. It joins the Missouri River about 5 mi (8 km) below Yankton after a course of 710 mi (1,140 km). Group; and Kansas City Life. BestWeek is published by A.M. Best Co. for insurance professionals, including home office executives, agents and brokers. To subscribe to BestWeek, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. |
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