Risk factors
1
5
LISI 2014FINANCIALREPORT
I
91
3.2
|
Third-party liability insurance
This covers personal, physical and intangible damage thatmight occur
during operations, as well as damages that occur after delivery, to the
sumof€60Mperclaimandperannum inprimarycoverage.
LISI AEROSPACE signed an insurance contract covering its liability
for injury, property damage and consequential damage and flight
disruptionsdue to itsdeliveredaerospaceproducts.Thesum insured for
allsubsidiaries,per lossandper insuranceyear is€500M.
3.3
|
Corporateofficers’ liability insurance
The Group is covered by a directors’ liability insurance policy for all its
subsidiariesupto€10Mperannum.
