PPRuNe Forums - View Single Post - Taiwan to prosecute SIA006 pilots?
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Old 7th Aug 2001, 04:47
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addinfurnightem
 
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It is out of the hands of the airline and firmly in the hands of both the SIA and the Taipei Airport insurance underwriters (and their lawyers) who will have subrogated, i.e. insurancespeak for taking full financial and legal control.
Like it or not it would have been the same just about anywhere else in the world and with whatever airlines, simply standard pactice.
Although SIAs insurance is 'fronted' by a local company in Singapore the major decisions are quite likely taken in, for example, London where the bulk of the re-insurance will be placed and where underwriting control is ceded to by the Singapore company.

[ 07 August 2001: Message edited by: addinfurnightem ]
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