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, 2012 through December 31, 2012.
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Non-Aviation Public Liability Insurance Program (including Terrorism) | 10/27/12 to 10/27/13 | $15,445,144 | Marsh, USA Inc. | Port Authority Insurance Captive Entity, LLC Ace Allied World Arch Argo Re Aspen Chartis Chubb Endurance Iron Starr Lexington Liberty Mutual Lloyd's of London (Syndicates) Munich Re Swiss Re Torus XL |
| Aviation Public Liability Insurance Program (including Aviation War Risk) | 10/27/12 to 10/27/13 | $4,428,303 | Marsh, USA Inc. | Ace Allianz Axa Axis C.V. Starr Global Aerospace International Ins. Co. of Hannover Lancashire Lloyds of London (Syndicates) National Union Fire XL |
| Master Contractors' Insurance Program (CIP) -Worker Compensation Coverage: | 12/31/12 to 12/31/13 | $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: | 12/31/12 to 12/31/13 | $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, 2012 through March 31, 2012.
| POLICY/COVERAGE | TERM | PREMIUM AMOUNT |
BROKER | INSURANCE CARRIER(S) |
|---|---|---|---|---|
| Automobile Liability Insurance | 03/01/12 to 03/01/13 | $79,140 | Conner Strong & Buckelew Companies, Inc. | St. Paul Fire & Marine Insurance Co. |