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This excerpt taken from the LUX 20-F filed Jun 25, 2009. Self
Insurance
- The Company is self insured for certain losses relating to workers’
compensation, general liability, auto liability, and employee medical benefits
for claims filed and for claims incurred but not reported. The Company’s liability is estimated on an
undiscounted basis using historical claims experience and industry averages;
however, the final cost of the claims may not be known for over five years. As
of December 31, 2008 and 2007, self insurance accruals were Euro 43.2
million and Euro 40.9 million, respectively.
This excerpt taken from the LUX 6-K filed May 12, 2009. Self insurance. The Company is self insured for certain
losses relating to workers’ compensation, general liability, auto liability,
and employee medical benefits for claims filed and for claims incurred but not
reported. The Company’s liability is estimated on an undiscounted basis using
historical claims experience and industry averages; however, the final cost of
the claims may not be known for over five years. As of December 31, 2008
and 2007, self insurance accruals were Euro 43.2 million and Euro 40.9 million,
respectively.
58
This excerpt taken from the LUX 20-F filed Jun 26, 2008. Self
Insurance - The Company is self insured for
certain losses relating to workers’ compensation, general liability, auto
liability, and employee medical benefits for claims filed and for claims
incurred but not reported. The Company’s
liability is estimated on an undiscounted basis using historical claims
experience and industry averages; however, the final cost of the claims may not
be known for over five years. As of December 31, 2007 and 2006, self
insurance accruals were Euro 40.9 million and 37.4 million, respectively.
F-12
This excerpt taken from the LUX 6-K filed Jun 4, 2008. Self
insurance. The Company is self insured for certain losses
relating to workers’ compensation, general liability, auto liability, and
employee medical benefits for claims filed and for claims incurred but not
reported. The Company’s liability is estimated on an undiscounted basis using
historical claims experience and industry averages; however, the final cost of
the claims may not be known for over five years. As of December 31, 2007
and 2006, self insurance accruals were Euro 40.9 million and 37.4 million,
respectively.
This excerpt taken from the LUX 20-F filed Jun 29, 2007. Self
Insurance – The Company is self insured for certain losses
relating to workers’ compensation, general liability, auto liability, and
employee medical benefits for claims filed and for claims incurred but not
reported. The Company’s liability is
estimated on an undiscounted basis using historical claims experience
F-13 and industry averages; however, the final cost of the claims may not be known for over five years. As of December 31, 2005 and 2006, self insurance accruals were Euro 46.8 million and Euro 37.4 million, respectively. This excerpt taken from the LUX 6-K filed May 25, 2007. Self
insurance - The Company is self insured for certain losses
relating to workers’ compensation, general liability, auto liability, and
employee medical benefits for claims filed and for claims incurred but not
reported. The Company’s liability is estimated on an undiscounted basis using
historical claims experience and industry averages; however, the final cost of
the claims may not be known for over five years. As of December 31, 2005 and
2006, self insurance accruals were Euro 46.8 million and Euro 37.4 million,
respectively.
This excerpt taken from the LUX 20-F filed Jun 28, 2006. Self
Insurance—The Company is
self insured for certain losses relating to workers’ compensation, general
liability, auto liability, and employee medical benefits for claims filed and
for claims incurred but not reported. The Company’s liability is estimated on
an undiscounted basis using historical claims experience and industry averages;
however, the final cost of the claims may not be known for over five years. As
of December 31, 2004 and 2005, self insurance accruals were Euro
36.1 million and Euro 46.8 million, respectively.
This excerpt taken from the LUX 20-F filed Jun 29, 2005. Self Insurance—The
Company is self insured for certain losses relating to workers’ compensation,
general liability, auto liability, and employee medical benefits for claims
filed and for claims incurred but not reported. The Company’s liability is
estimated on an undiscounted basis using historical claims experience and
industry averages; however, the final cost of the claims may not be known for
over five years. As of December 31, 2003 and 2004 self insurance accruals
were Euro 18.6 million and Euro 36.1 million, respectively.
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