All Aviation articles
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NewsDark clouds: aviation re/insurance market update – WTW
Underlying factors offer few indications the market will harden in the first half of 2025 and early reinsurance renewals suggest direct insurers are receptive to negotiation as momentum from Q4 shows little signs of abating, according to WTW.
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NewsAon names Barcock aviation reinsurance leader
Ollie Barcock, the new leader of aviation reinsurance for Aon’s “Global ReSpecialty” arm, joined the broker in 2015.
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NewsHowden adds four hires to its aviation division
Four hires join the broker from rivals WTW and AJG and carrier Liberty Specialty Markets.
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NewsAviation insurers focused on data for improved pricing – Charles Taylor
An interview with aviation loss adjusters at Charles Taylor focused on how aviation firms and their insurers are doing more with data.
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NewsReinsurers cautious about return to aviation war market
Some aviation all-risks reinsurers have been coaxed back into the aviation hull war market, demanding much greater data and awareness of exposures, but a capacity shortfall remains, despite high prices on offer.
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NewsFidelis MGU, Castlelake launch Itasca MGA for aviation business
Investment manager Castlelake said it believes aircraft non-payment insurance has the potential to unlock attractive financing increasingly out of reach for many aircraft buyers and owners.
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NewsHowden Switzerland acquires specialist aviation broker Hudson Sky
Hudson Sky has established itself as a leading aviation re/insurance broker in the Swiss market, particularly focused on helicopter business.
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NewsMcLarens: What’s driving rising claims costs in aviation?
As air traffic across the globe continues to gather pace post-pandemic, the rising cost of attritional claims has once again become a key focus, writes John Bayley of McLarens Aviation.
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NewsConvex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
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NewsAviation start-up Itasca Re launches in Bermuda
Launched by Castlelake, Itasca Re will be led by aviation industry veteran Kostya Zolotusky
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NewsInsurance placed for UK’s first space rocket launch
Once operational, Forgestar will be the world’s first fully returnable and re-launchable satellite platform
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NewsLloyd’s receives approval for standalone cyber syndicate
Chief of markets Tiernan confirms initial approval as market seeks ’sensible growth in a pragmatic way’
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NewsS&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
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NewsAxa braces for Ukraine-Russia claims
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
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NewsPCS: Ukraine losses to exceed $20 billion
Ultimate losses will likely be much higher with potential for the conflict to surpass 9/11
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NewsMarine war, property and aviation exposed to Ukraine losses
With ports closed and commercial shipping activities reduced, less impact on marine liability is anticipated - Miller
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NewsUkraine drives Q1 losses up to $30 billion - Guy Carp
An active natural catastrophe period combined with the Russia-Ukraine conflict are driving claims severity
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NewsAviation sector faces losses “on a par with 9/11”
543 Boeing and Airbus aircraft will be seized by the Russian Government under new legislation
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NewsFuture proofing airports
There are clear risks and opportunities as airports repurpose for a post-COVID world
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NewsAllianz: Piloting post-COVID aviation trends
New generation aircraft bring benefits but higher repair costs while airlines prepare for a paradigm shift in traveling - Allianz
