CGNU plc would like to express its sorrow at the tragic events that took place in the United States of America on 11 September. We extend our heartfelt sympathy to those involved.
CGNU plc would like to express its sorrow at the tragic events that took place in the United States of America on 11 September. We extend our heartfelt sympathy to those involved.
Following these events we have reviewed our worldwide exposure to the potential insurance claims which may arise, including accident and life policies, business interruption, travel and some participation in aviation insurance.
An initial estimate, after taking into account the extent and quality of the group’s reinsurance arrangements, is that CGNU’s total net liability is not expected to exceed Ł35 million.
Enquiries:
Analysts/Investors:
James Matthews, +44 (0)20 7662 2137
Head of Investor Relations
Media:
Hayley Stimpson, +44 (0)20 7662 7544
Director of External Affairs
Stuart Blackmore, +44 (0)20 7269 7241
Financial Dynamics