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Cruise lines Financial strength



 
 
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  #1  
Old May 20th, 2004, 03:55 PM
OcnGypZ
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Default Cruise lines Financial strength

Subject: Cruise lines Financial strength

Travel Guard has been getting very strange as of late. There was a bit about
not covering Oceania Cruises due to some papers not being filed. They were
filed.. and TG is covering Oceania.

Considering the subsidiaries are owned by the corporate parent....how can they
not be covered? And Princess is owned by Carnival Corp.

Honestly, I wouldn't even consider doing business with Travel Guard with their
very strange thinking.

Babette
  #3  
Old May 20th, 2004, 05:51 PM
OcnGypZ
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Default Cruise lines Financial strength

Subject: Cruise lines Financial strength

It is possible for the subsidiaries to go bankrupt without directly
impacting the copr. owner. Doesn't happen often, but can.


I understand what you are saying.. however... also keep in mind that the parent
company of NCL is Star.......so even Travel Guard's list.. doesn't make sense.

In looking through my RCL annual report, there are no separate financial
statements for Celebrity.

Babette
  #4  
Old May 20th, 2004, 08:10 PM
RayC
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Default Cruise lines Financial strength

OcnGypZ wrote:
Travel Guard has been getting very strange as of late. There was a bit about
not covering Oceania Cruises due to some papers not being filed. They were
filed.. and TG is covering Oceania.

Considering the subsidiaries are owned by the corporate parent....how can they
not be covered? And Princess is owned by Carnival Corp.

Honestly, I wouldn't even consider doing business with Travel Guard with their
very strange thinking.

Babette


Sounds like we should be worrying more about the financial
strength of Travel Guard!


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  #5  
Old May 21st, 2004, 01:00 AM
Kevin
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Default Cruise lines Financial strength

RayC wrote:
OcnGypZ wrote:

Travel Guard has been getting very strange as of late. There was a
bit about
not covering Oceania Cruises due to some papers not being filed. They
were
filed.. and TG is covering Oceania.

Considering the subsidiaries are owned by the corporate parent....how
can they
not be covered? And Princess is owned by Carnival Corp.

Honestly, I wouldn't even consider doing business with Travel Guard
with their
very strange thinking.

Babette



Sounds like we should be worrying more about the financial strength of
Travel Guard!

The underwriters of their policies are rated very strong by Am. M. Best.

Travel Guard's products are underwritten by:


American International Companies, members of American International
Group, Inc. (AIG), which is rated A++, the highest rating available by
A.M. Best.

 




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