The following business transactions of the Port Authority and its subsidiaries are being reported pursuant to section X (q) (i) of the bylaws.
The following insurance transactions have taken place during the period of October 1, 2011 through December 31, 2011
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Non-Aviation Public Liability Insurance Program (including Terrorism) | 10/27/11 to 10/27/12 | $15,253,428 | Marsh, USA Inc. | Port Authority Insurance Captive Entity, LLC; Ace; Allied World; Arch; Argo Re; Aspen; Axis; Chartis; Chubb; Endurance; Iron Starr; Lexington; Liberty Mutual; Lloyd's of London (Syndicates); Swiss Re; Torus; XL |
| Aviation Public Liability Insurance Program (including Aviation War Risk) | 10/27/11 to 10/27/12 | $4,936,527 | Marsh, USA Inc. | Ace; Allianz; AXA; Axis; Berkshire Hathaway; C.V. Starr; Great Lakes; International Ins. Co. of Hannover; Lancashire; Lloyds of London (Syndicates); National Union Fire; Tokio Marine; XL |
| Master Contractors' Insurance Program (CIP) -Worker Compensation Coverage: | 12/31/11 to 12/31/12 | $9,650,396 | Aon Risk Services, Inc. | Port Authority Insurance Captive Entity, LLC; Insurance Company of the State of Pennsylvania |
| Master Contractors' Insurance Program (CIP) - Builders' Risk Coverage: | 12/31/11 to 12/31/12 | $697,312 | Aon Risk Services, Inc. | Port Authority Insurance Captive Entity, LLC; Lexington Insurance Company |
The following insurance transactions have taken place during the period of July 1, 2012 through September 30, 2012.
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Boiler & Machinery Insurance | 07/01/12 to 07/01/13 | $59,253 | E.G. Bowman Co., Inc. | Liberty Mutual |
| World Trade Center Owner Controlled Insurance Program – Vehicular Security Center – General Liability Ext. | 08/31/12 to 10/31/15 | $5,986,060 | Aon Risk Services, Inc. | Lloyds of London, Lexington, & Other International Insurers |
| World Trade Center Owner Controlled Insurance Program – Vehicular Security Center – Builders Risk Ext. | 08/31/12 to 08/31/13 | $692,274 | Aon Risk Services, Inc. | Lexington, Lloyds of London, & Other International Insurers |
The following insurance transactions have taken place during the period of April 1, 2012 through June 30, 2012.
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Property Damage and Loss of Revenue Insurance | 06/01/12 to 06/01/13 |
$22,979,099 | Marsh USA, Inc. | Port Authority Insurance Captive Entity, LLC; Ace; Alterra; Amlin Syndicate; Arch; Ark Syndicate; Ascot Syndicate; Aspen Re; AWAC; Axis; Beaufort Syndicate; Berkley; Brit Syndicate; Canopius Syndicate; Catlin; Chaucer Syndicate; China Re; Chubb; Commonwealth; Essex; Everest Re; Faraday Syndicate; GEP Syndicate; Hannover Re; Hardy Syndicate; HCC Syndicate; Hiscox; Infrassure; Ironshore; Korean Re; Lancashire; Lexington; Liberty Mutual; Maiden Re; Montpelier Re; Munich Re; Navigators; Partner Re; PICC; QBE Syndicate; R+V Versicherung; Renaissance Re Syndicate; RLI Re; RSUI; Scottsdale; Starr; Swiss Re; Taiping Re; Talbot Syndicate; Tokio Marine; Tokio Syndicate; Torus; Transatlantic Re; Travelers Syndicate; WR Berkley Syndicate; XL Re; Zurich |
| Property Damage and Loss of Revenue Insurance Terrorism Coverage TRIPRA* Coverage | 06/01/12 to 06/01/13 |
$3,598,587 | Marsh USA, Inc. | Port Authority Insurance Captive Entity, LLC; Lexington |
| Fidelity and Computer Fraud Insurance | 04/01/12 to 04/01/13 |
$61,861 | E.G. Bowman Co., Inc. | Zurich |
The following insurance transactions have taken place during the period of January 1, 2011 through March 31, 2011.
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Automobile Liability Insurance | 03/01/11 to 03/01/12 |
$74,007 | Conner Strong Companies, Inc. | St. Paul Travelers Co., Inc. |
| Accidental Death & Dismemberment Insurance (PATH) | 3/22/11 to 3/22/14 |
$2,592 | T&H Brokers Inc. | The Hartford Insurance Group |