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Global Aerospace, Catlin reported to insurers for FedEx plan

 

Thursday, Mar 26,2009, 1:46:59 PM   Click:

TOKYO, March 25, 2009 (AM Best via COMTEX) - FDX | Quote | Chart | News | PowerRating - Global Aerospace Underwriting Management and Catlin Group [84,805] would be the insurers for a cargo aircraft from FedEx that crashed to the landing in Japan, according to Guy Carpenter & Co., a reinsurance broker.
The FedEx McDonnell Douglas MD-11 aircraft, the flight from Guangzhou, China crashed on landing at Tokyo Narita International Airport on March 23, causing two deaths and the loss of cargo.

Catlin is reported to the insurer Lloyd's to operate the aircraft, whereas Global Aerospace led to the global coverage.

The plane attempted to land in strong winds about 45 miles per hour. The Japan Meteorological Agency had issued a storm warning for the area around Narita, Guy Carpenter said in a report. Strong winds may have caused the plane to divert from the runway, but Japanese officials said it was too early to confirm if the bad weather was the cause of the accident.

According to Guy Carpenter, an official at the Bureau of Transportation Safety of Japan said that the plan has been carrying flammable liquids as cargo, and firefighters on the scene took two hours to extinguish the fire which completely destroyed the plane.

The accident caused the closure of two runways in Tokyo, the main international airport, and more than 20,000 passengers were affected by flight cancellations and diversions. He was the first fatal accident at Narita Airport since it opened in 1978.

This accident is the third west-built jet airliner total loss in 2009, following an accident at Turkish Airlines Amsterdam Schiphol International Airport in February and a crash landing of U.S. Airways to New York's Hudson River, January, "said Guy Carpenter.

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