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Insurers could be forced to pay out more than $1bn£700m0m) to cover liabilities resulting from the crash yesterday in New York of American Airlines flight 587.
In such circumstances, no other publisher was willing to take them on, even with a "gift" from GMG to cover liabilities.
In America, Citigroup suffered its fourth consecutive quarterly loss after taking hits of more than $13bn to cover liabilities arising from the credit crunch.
The US bank Citigroup has suffered its fourth consecutive quarterly loss after taking hits of more than $13bn to cover liabilities arising from the credit crunch.
The Qatari fund cited the cost associated with raising additional equity in the current market to cover liabilities for workers' pensions and was criticised for underestimating the scale of its commitment.
The company said £500m of assets from its "inherited estate" could be paid out to members after a review showed the money was not needed to cover liabilities in the funds and could be distributed.
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Would that cover liability?
Did our umbrella insurance cover liability for dog bites?
Company officials said earlier this year that they had reserved $12.2 billion to cover liability from the diet drugs Pondimin and Redux.
Nor does it cover liability from soured home equity loans or bonds the bank created with mortgages from lenders other than Countrywide.
Most of the cost of this is to cover liability for accidents, which will become rare, so revenues will come down a lot.
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CEO of Professional Science Editing for Scientists @ prosciediting.com