The film industry's insurance risks in numbers

The Film Industry's Insurance Risksin Numbers ★★* Making a film or TV show looks impossibly glamourous to those of us on the outside looking in. But this process comes with delays, complications and risks, just like any other project. So how does a production ever move forward? Film insurance premiums range from 1-4% of overall production costs 1-4% Aside from death, the biggest risks $250K on film sets are injuries & illnesses that cause delays: * These premiums can reach staggering amounts $50 Million Fast & Furious 7 was needed to cover Paul Walker's (2013) death in 2013? $25 Million cost of digitally superimposing Oliver Reed's face on a body double for his remaining Gladiator (1999) scenes after his death $7 Million Letters FromAKiller cost of insurance claim after Patrick Swayze broke his leg during filming (1998) 6. $3 Million cost of production delays Moulin Rouge (2001) when Nicole Kidman injured her knee $1.8 Million cost of delay to filming Hide and Seek (2003) while Robert De Niro underwent prostate cancer treatments 8 A DAMAGED ECOSYSTEM The result of artificial sand used while filming Game of Thrones M on Dwerja, a protected beach in Malta 10 The number cast & crew were injured by real lions One of the most dangerous film made: ROAR (1981) about a family living amongst lions. -2 рeople One of riskiest films to make: The Girl Withthe Dragon Tattoo (2011) Filming in foreign locations Motorcycle & skateboarding stunts Fight & torture sequences" As they say in the industry, 'the show must go on.' Insurance cover helps make this happen Sources 1. www.sfgate.com/business/article/Fireman-s-Fund-covers-TV-shows-movies-3755246.php 2. www.forbes.com/sites/judebrennan/2014/05/23/paul-walkers-death-leads-to-highest-movie-insurance-claim-ever-on-next-fast-and-furious/ 3. www.forbes.com/sites/judebrennan/2014/05/23/paul-walkers-death-leads-to-highest-movie-insurance-claim-ever-on-next-fast-and-furious/ 4. www.nytimes.com/2012/03/25/business/insuring-hollywood-against-falls-but-not-flops.html?_r=0 5. www.nytimes.com/2012/03/25/business/insuring-hollywood-against-falls-but-not-flops.html?_r=0 6. www.articles.latimes.com/2013/sep/04/business/la-fi-ct-firemans-fund-onlocation-20130904 7. www.abcnews.go.com/Business/story?id=4328241&page=1 8. www. abcnews.go.com/Business/story?id=4328241&page=1 9. www.io9.gizmodo.com/5694571/filming-of-a-game-of-thrones-obliterated-the-ecosystem-on-a-protected-beach 10. www.hollywoodreporter.com/news/roar-dangerous-movie-ever-made-789230 11. www.allianz.com/en/press/news/business/insurance/news_2012-02-13.html AON Risk. Reinsurance. Human Resources. Empower Results Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative risk and people solutions. For further information on our capabilities and to learn how we empower results for clients, please visit: http://aon.mediaroom.com/