Policy Statement

The AICG agreed the following Policy Statement at its meeting of 11 August 2005:

 

POLICY STATEMENT

 

"The Aviation Insurance Clauses Group recognises the importance of complying with national competition and antitrust laws which may be applicable to the activities of AICG members. These laws generally prohibit agreements and conduct which may adversely affect competition or restrain members from acting independently in pursuit of their business goals.  Agreements and conduct such as price fixing, boycotts and division of markets are strictly prohibited.  It is the policy of the AICG membership to honour and comply with such competition and antitrust laws.

 

In accordance with the Terms of Reference, members will be required to take part in their nominating organisation's competition and antitrust compliance programme even though their employers may sponsor a similar programme".

 

August 2005