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Lloyd’s could have to pay out $50 million for Carrie Fisher’s death

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Posted 09 January 2017 - 09:01 AM

Lloyds of London could be paying Disney $50 million in the wake of the sudden death of Hollywood legend Carrie Fisher.

The acclaimed writer and actress best known as the Star Wars franchises indomitable Leia Organa died Dec. 27, four days after suffering a heart attack while on a flight.

Disney, the company producing the new Star Wars trilogy, placed an insurance policy on Fisher before she signed a three-picture deal for the new movies, according to Business Insider. The policy was taken out in case Fisher couldnt fulfill her contract.

Fisher starred in 2015s Star Wars: The Force Awakens. She also completed filming for the forthcoming Episode VIII. But production on Episode IX hasnt yet begun. That means Disney could receive a $50 million payment, according to Business Insider.

The policy was underwritten by New Jersey-based managing general agent Exceptional Risk Advisors, according to The Insurance Insider. However, if the policy triggers the loss will be borne entirely by Lloyds.

Its unclear if Disney had similar policies on Harrison Ford, who played Han Solo in The Force Awakens, or Mark Hamill, who plays Luke Skywalker in the films, according to Business Insider.

Its also unclear how the franchise will deal with Fishers death in Episode IX. Industrial Light and Magic used special effects to resurrect deceased actor Peter Cushing in Decembers Rogue One, but the company has said it doesnt plan to use that effect often.

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