PPP for insurance course comparing between Egypt and Switzerland Aviation insurance outline: - What is an aviation insurance - Types - Aviation Insurance for Commercial and Private Aircraft - History & Market Of Aviation Insurance - Top Causes of Fatal Commercial Airplane Accidents - Misr Insurance - International agreements and air treaties of Egypt - Switzerland Aviation insurance - Egypt & Switzerland

1. Egypt & Switzerland

2. insurance coverage geared specifically to the operation of aircraft
and the risks involved in aviation
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3. • Passenger liability insurance
• Combined Single Limit
• Aviation Cargo
• Ground risk hull insurance not in motion
• Ground risk hull insurance in motion (taxiing)
• Airport Insurance
• Airport Premises Liability [APL]
• owners, landlord or tenants (OL&T)
• comprehensive general liability (CGL)
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4. Providers Vs. Brokers
Underinsurance
• Minimize Your Cost
• Increase your flight hours
• Complete pilot proficiency training
• Get an instrument rating
• Partnership
• Flying Clubs and Association Membership
• Don’t Crash
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5. History
• Aviation insurance was introduced in the 20th. The
first aviation insurance policy was written by
Lloyd’s of London in 1911. The company stopped
writing aviation policies in 1912 after bad weather
that resulted in crashes at an air meet caused too
much losses on many of those first policies.
• London insurance market is still the biggest Centre
for aviation insurance. .
Market
• The events of 9/11
• ICAO Meeting
 immediately all outstanding quotes were withdrawn
 effective 23:59 GMT on September 17, 2001, insurers
gave notice of the cancellation of AVN52C
 On October 1, 2001, special surcharges for passenger
and cargo airlines and hull war cover were introduced;
drafting of a new AVN48 began.
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6. 54%
Pilot Error
24%
Mechanical
Failure
9%
Sabotage
8%
Weather
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7. EgyptADD A FOOTER 7

8. Misr Insurance Company holds 99.67% of the net premiums
of aviation insurance in the Egyptian market 2014-2015
• Insurance Of Bodies, Responsibilities And Spare Parts
• Securing The Bodies Of Wars
• Securing The Responsibilities Of Airport Owners And
Operators
• Securing Responsibilities Towards The Third Party
• Securing The Responsibilities Of Supplying The Aircraft
With Fuel
• Insurance Loss Of Revenue
• Accident Personal Aviation Insurance
• Securing The Withdrawal Of Aviation Licenses
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Sources of law
• Law no. 136 of 2010
• Insurance according to the provisions of this law for
the interest of the Aircraft’s crew, passengers and
cargo on board and others on the earth’s surface
• Operator’s Commitment to Insurances
• Insurance at an authorized Insurer
• Substitution of Insurance for Warranties
• Carrying Certificates of Insurance on board or Filing
Copies thereof at Civil Aviation Authority

9. Warsaw Convention
• is an international convention which regulates liability
for international carriage of persons, luggage, or goods
performed by aircraft for reward
• United States courts have held that
• It covered details about
 Definition of "international carriage”
 Sets rules for the air carrier's liability
 Requires carriers to issue baggage checks for checked
luggage
Montreal Convention
• it is a multilateral treaty adopted by a diplomatic
meeting of ICAO member states in 1999.
• instated important provisions of the Warsaw Convention's
regime concerning compensation for the victims of air
disasters
• It covered details about
 No compensation purely for psychiatric injury
 Lost baggage
 Disabled passengers and mobility equipment
 Damages
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10. Egypt
SwitzerlandADD A FOOTER 10

11. The regulator in Switzerland is the Swiss Financial Market
Authority (FINMA)
• Top Aviation insurance companies in
Switzerland
 Zurich Insurance Company
 AÉLIA ASSURANCES GROUP
 Global Aerospace Aviation Insurance Experts
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Sources of law
 federal law on insurance contracts (ICA).
 Swiss Civil Code and the Law of Obligations
(CO).
 Insurance Policies Act (VVG)
 General Conditions (GC) Aircraft Insurance

12. Egypt
Egypt & SwitzerlandADD A FOOTER 12

13. Egypt
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Both Of them cover all insurance types and the most common treaties is the
• Warsaw Convention
• Montreal Convention
• Paris Convention | Scheduled air services
Switzerland
• Limited To One Company
• No Exclusions
• Multiple Companies With Variety Of Polices To
Cover
• More knowledge and experience in the market
• They cover helicopter and even satellites
• Has A Lot Of Exclusions