Aviation
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Rokstone launches mid-market aviation programme in US
Specialty managing general agent Rokstone Group, part of Aventum Group, has launched a mid-market aviation programme in the US for…
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Everest appoints Mariani to lead Italian insurance
Everest has appointed Giacomo Mariani to lead its insurance business in Italy, following the opening of its Milan office in…
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Global economy faces $2.4trn loss from extreme space weather event
The threat of a hypothetical solar storm and other extreme space weather events could bring losses of more than $9trn…
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Air India locks in $20bn fleet insurance with no premium hike
Air India has secured a $20bn insurance cover for its expanded fleet following the Vistara merger, maintaining existing premium rates,…
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Howden UK&I launches specialist retail aviation division
Howden has formed a new specialist retail aviation division within Howden UK&I with the acquisition of aviation specialists Forbes Insurance…
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Aviation insurance supply plentiful but challenging conditions loom
Aviation insurance supply remains plentiful but more challenging conditions might emerge as 2025 progresses, according to WTW. In its Airline…
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Lockton hires Costin to lead UK aviation
Independent broker Lockton has appointed Mark Costin as head of aviation UK, who joins the broker from insurtech Insurwave, where…
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Aircraft leasing firm Avolon reveals $177m Russian settlement with insurers
Irish aircraft lessor Avolon has received a settlement of $177m from its insurers for the loss of jets leased to…
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New aviation underwriter at Tokio Marine Kiln
Tokio Marine Kiln (TMK) has appointed Paul Talbot as aviation underwriter to its aerospace team. TMK said aerospace is a…
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More aircraft lessors settle Russia war risk claims in Ireland
Irish aircraft lessor Avolon and Singapore-based firm BOC Aviation have both settled lawsuits against insurers that denied claims following the…
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French mutual SMABTP launches MAT unit
French mutual insurer SMABTP has formed a new unit for maritime, aviation and transport led by Serge Vanderstappen. This follows…
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Beazley appoints aviation underwriter, DACH
Sebastian Lotz has been appointed to the newly created role of aviation underwriter, DACH, at Beazley. Lotz will lead the…
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Spacecraft insurance market emerging from recent turbulence
The spacecraft insurance market is slowly emerging from recent turbulence with a shift in underwriting attitudes to a more cautious…
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New aviation division managing director at United Insurance Brokers
Marek Ambrozewski has been appointed as the new managing director of United Insurance Brokers’ aviation division. He succeeds Miles Taffs,…
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New political violence and aviation war underwriters at Westfield Specialty International
Westfield Specialty International has appointed three new underwriters to its political violence & aviation war underwriting team. Hector Threlfall and…
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Aviation reinsurance renewals ‘most stable in years’: Aon
Aviation reinsurance renewals at 1 Jan were “the most stable in years”, with D&O flat as cyber, marine and energy…
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USI sees dynamic yet cautious US commercial insurance market in 2025
The US commercial insurance market outlook for 2025 shows stabilisation in several areas, according to USI’s 2025 Commercial Property &…
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Dubai Aerospace paid further $201m for leased aircraft in Russia
Aircraft lessor Dubai Aerospace Enterprise said it has settled with insurers of jets stranded in Russia for a further $201m…
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Benign conditions in airline insurance market likely to continue into 2025
Conditions are generally benign in the airline insurance market and look likely to continue into 2025, according to WTW. The…
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WTW warns of rising ‘gray zone aggression’
Risk managers and their brokers and insurers need to focus their efforts on the continued rise of so-called ‘gray zone…