Abstracts
In the aftermath of the September 11 attacks, the United States government became a supplier of aviation war risk (AWR) insurance for airliners, as well as a reinsurer for commercial insurance. Here we quantitatively examine the consequences of these offerings. The AWR offering is primarily needed for widebody and jumbo jets; smaller aircraft like the Embraer 195 are far less capable of creating damage in excess of the $50 million AWR deductible. Widebody and jumbo jets are also the only aircraft capable of creating long-term government liability through its commercial reinsurance. The US government's assumed risk through its insurance involvement can reach into the hundreds of billions of dollars. This risk level can create a perceived financial incentive for government to force airline passengers through invasive and dangerous search procedures. Thus, governmental insurance offerings can create a conflict of interest at infringes air passengers' civil liberties.
aviation insurance; airlines; jets; wars
Após os ataques de 11 de setembro, o governo dos Estados Unidos tornou-se um fornecedor de seguro aeronáutico contra risco de guerra (AWR) para as companhias aéreas, bem como um ressegurador de seguros comerciais. Neste artigo foram examinadas, quantitativamente, as consequências deste fornecimento. O AWR é basicamente direcionado às aeronaves de grande porte (jatos widebody e jumbo); aeronaves menores, como o Embraer 195, são menos sujeitas à sofrerem danos que excedam os $50 milhões de dólares dedutíveis pelo AWR. As aeronaves de grande porte são, também, as únicas capazes de criarem uma responsabilidade de longo prazo do governo através do seu resseguro comercial. O risco assumido pelo governo norte-americano tendo em vista o seu envolvimento com seguro pode alcançar os muitos bilhões de dólares. Este nível de risco pode criar um perceptível incentivo financeiro para que o governo force as companhias aéreas comerciais a tomarem medidas e procedimentos de segurança mais invasivos aos passageiros. Desta forma, o fornecimento do seguro governamental pode criar um conflito de interesses que infringe na liberdade civil dos usuários do transporte aéreo.
seguro aeronáutico; companhias aéreas; jato; guerras
- Airbus (2012) New Airbus aircraft list prices for 2012 Available at www.airbus.com
- American Academy of Actuaries (2006). Response to president's working group on financial markets: terrorism risk insurance analysis Available at www.actuary.org
- Boeing (2012) Boeing commercial products web site Available at www.boeing.com
- Brenner, D. J. (2011) Are x-ray backscatter scanners safe for airport passenger screening? For most individuals, probably yes, but a billion scans per year raises long-term public health concerns. Radiology, vol. 259, pp. 6-10. Available at radiology.rsna.org
- Briones, C. and Myers, H. (2008) Shortchanged: how airlines can repay taxpayers for billions in subsidies by improving jobs, security and services. East Bay Alliance for a Sustainable Economy, pp. 9-11. Available at www.workingeastbay.org
- Corbett, J. (2012) $1B of TSA nude body scanners made worthless by blog - how anyone can get anything past the scanners Available at tsaoutofourpants.wordpress.com
- Department of Homeland Security (2012) FY 2013 budget-in-brief, United States Department of Homeland Security Available at www.dhs.gov
- Federal Aviation Administration (2012) Budget estimates fiscal year 2013 Available at www.dot.gov
- Freitas, P. J. (2012) Passenger aviation security, risk management, and simple physics. Journal of Transportation Security, vol. 5, n. 2.
- Flouris, T., Hayes, P., Pukthuanthong-Le , K. and Walker, T. (2009) Recent developments in the aviation insurance industry. Risk Management and Insurance Review, vol. 12, n. 2, pp. 227-249.
- Insurance Information Institute (2011) Terrorism risk and insurance Available at www.iii.org
- Insurance Information Institute (2006) 9/11 and insurance: the five year anniversary Available at www.iii.org
- Kaufman, L. and Carlson, J. W. (2011) An evaluation of airport x-ray backscatter units based on image characteristics. Journal of Transportation Security, vol. 4, pp. 73-94.
- September 11th Victim Compensation Fund (2003) Award payment statistics Available at www.justice.gov
- United States of America (2012) United States Code §44302(g)(2) Available at www.gpo.gov
Publication Dates
-
Publication in this collection
11 Oct 2013 -
Date of issue
Apr 2013
History
-
Received
16 July 2012 -
Accepted
04 Aug 2012
