Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-05-12-Speech-1-089"

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"en.20030512.8.1-089"2
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". Mr President, ladies and gentlemen, I would like to say very briefly that the Community regulations in force simply require air companies to be insured, but they do not set any criterion, condition or sum to be respected by the authorising authorities of the Member States of the Union. It therefore became necessary to clarify the situation, particularly following the events of 11 September 2001. As the rapporteur has quite rightly said, it is a question of restoring confidence and of providing the possibility of sufficient insurance cover, for small companies as well. The Commission's objective is therefore to ensure that all aircraft flying to European destinations are always insured against various risks, including war and terrorism. I would like to thank the rapporteur, Mr Nicholson, for his constructive work, into which he has incorporated a more balanced approach, particularly with regard to third-party insurance. The Commission is very concerned that this proposal should be adopted rapidly and will continue to observe the air insurance market in order to ensure that the current situation excludes any risk of aircraft lacking sufficient cover. But I would like to say to the honourable Member that, with regard to the impact assessment, the reality is that before preparing this proposal, the Commission gathered diverse information on the issue of the insurance conditions applicable in the different States of the Union by means of the European Civil Aviation Conference and third countries, including also all aspects relating to insurance associated with leasing contracts, the Commission has been actively monitoring the development of the insurance market, both at European level and at international level. Firstly at European level in order to ultimately put an end to the special conditions which allowed the cover of certain types of risk by the public sector, but also by means of the International Civil Aviation Organisation, which is where we believe this type of issue should essentially be dealt with. The proposal which the honourable Members are discussing today also stems from the various discussions which took place in a special group created precisely in order to discuss the problems relating to insurance following the tragic events of September. That special group included representatives of the insurance industries and the air industries. Finally, I would like to say to you that, following the introduction of special conditions which have been in operation for some time following 11 September (until we believed that the market had recovered sufficient capacity to cover all the risks at reasonable prices), the Commission has monitored the support measures and tariffs applied in the different States of the Union, which has given us firsthand and direct knowledge of the true situation of air insurance in the different countries of the Union. Therefore, in this regard, ladies and gentlemen, Mr President, Mr Nicholson, we believed that more extensive impact studies were not necessary, since we had more than sufficient information to produce this proposal."@en1

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