Insurance Archive

The following business transactions of the Port Authority and its subsidiaries are being reported pursuant to section X (q) (i) of the bylaws.

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The following insurance transactions have taken place during the period of July 1, 2013 through September 30, 2013.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Boiler & Machinery Insurance 07/01/13 to 07/01/14 $59,531 E.G. Bowman Co., Inc. Liberty Mutual
World Trade Center Owner Controlled Insurance Program – Memorial Complex – Builders' Risk Ext. 08/31/13 to 05/31/14 $987,496 Aon Risk Services, Inc. ACE
AWAC
AXIS
Beazley
BHIL
CNA
Federal
Fireman's Fund
Gerling
Great Lakes
Illinois Union
Integon
Inter Hannover
Landmark
Lexington
Liberty Mutual
Lloyd's of London Syndicates (various)
Princeton E&S
World Trade Center Owner Controlled Insurance Program – Tower 1 – Builders' Risk Ext. 08/31/13 to 03/31/14 $2,432,160 Aon Risk Services, Inc. (same as list above for Memorial Complex)
World Trade Center Owner Controlled Insurance Program – Tower 1 – General Liability Ext. 08/31/13 to 12/31/14* $24,102,229 Aon Risk Services, Inc. Ace
Aegis
AIG
Argo
Aspen
AWAC
CV Starr
Endurance
Generali
Lexington
Liberty Mutual
Torus
XL
World Trade Center – Tower 1 & Memorial Complex – Excess Flood Insurance 09/20/13 to 05/31/14 $2,165,867 Aon Risk Services, Inc. Aspen
Berkshire Hathaway
Lloyd's of London Syndicates (various)
National Fire & Marine
Bayonne Bridge Owner Controlled Insurance Program – Excess Liability Coverage 08/13/13 to 6/1/14 $235,000 Willis Group Aspen
Lexington
Lloyd's of London Syndicates (Various)
*AIG and Lexington have agreed to provide coverage until 10/31/15 for their respective layers within the program.

The following insurance transactions have taken place during the period of April 1, 2013 through June, 2013.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Property Damage and Loss of Revenue Insurance: 06/01/13 to 06/01/14 $39,304,079 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC
Ace
Alterra
Arch
Aspen Re
AWAC
Axis
Berkley
Berkshire Hathaway
Catlin
Chubb
Commonwealth
CPIC
CV Starr
Essex
Everest Re
Hannover Re
Infrassure
Ironshore
Kinsale
Lexington
Liberty Mutual
Lloyd's of London Syndicates (multiple)
Maiden Re
Montpelier Re
Munich Re
Partner Re
PICC
R+V Versicherung
RSUI
Swiss Re
Taiping Re
Transatlantic Re
XL
Zurich
Property Damage and Loss of Revenue Insurance Terrorism Coverage TRIA* Coverage 06/01/13 to 06/01/14 $3,868,587 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC
Lexington
Lloyd's of London Syndicates (multiple)
Fidelity and Computer Fraud Insurance 04/01/13 to 04/01/14 $60,429 E.G. Bowman Co., Inc. Zurich
WTC OCIP -Builder's Risk (T1 & MC) 12/31/12 to 8/31/13 $155,694 Aon Risk Services Northeast Ace
Arch
Axis
Beazley
Chubb
Continental Casualty
Fireman's Fund
Great Lakes
Hannover Re
HDI-Gerling
Illinois Union
Lancashire
Landmark
Lexington
Liberty Mutual
Maiden Specialty
Millennium
Princeton E&S
WTC OCIP - General Liability (MC) 12/31/12 to 10/31/14 $1,082 Aon Risk Services Northeast Ace
AIG
Argo
Assicurazioni Generali
AWAC
CV Starr
Endurance
Lexington
Liberty Mutual
Lloyd's of London Syndicates (multiple)
Torus
XL
*Terrorism Risk Insurance Act (TRIA)

The following insurance transactions have taken place during the period of January 1, 2013 through March 31, 2013.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Executive Automobile Liability Insurance 03/01/13 to 03/01/14 $67,239 Conner Strong & Buckelew Companies, Inc. Travelers Indemnity Co.
WTC OCIP Builders' Risk Insurance 12/31/12 to 8/31/13 $564,745 Aon Risk Services Northeast Ace
Arch
Axis
Beazley
Chubb
Continental Casualty
Fireman's Fund
Great Lakes
Hannover Re
HDI-Gerling
Illinois Union
Lancashire
Landmark
Lexington
Liberty Mutual
Maiden Specialty
Millennium
Princeton E&S
WTC OCIP Workers' Compensation Insurance 1/31/13 to 1/31/14 $12,770,394 Aon Risk Services Northeast AIG
WTC OCIP General Liability Insurance (Installment) Various $8,400,807 Aon Risk Services Northeast Ace Bermuda
Ace USA
Allied World
Argo
Assicurazioni Generali
Chartis Excess
Endurance
Lexington
Liberty Mutual
Lloyd's of London Syndicates (multiple)
Starr
Torus
XL

REPORT:

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

REPORT:

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.

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