Aviation
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Aviation buyers can expect softer rates and even reductions in 2022, says Gallagher
High rate rises for general aviation insurance buyers have become “a thing of past” as we enter 2022, with rates…
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AMRAE confident of progress on captives as it confirms conference to go ahead next month
AMRAE has confirmed that its annual meeting of French risk managers will go ahead in-person next month, and urged cyber…
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Global reinsurance cat rates up 10.8% at January renewals: Guy Carp
Global property catastrophe reinsurance rates increased 10.8% at 1 January 2022 renewals, according to Guy Carpenter. It added that reinsurance…
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Iceland issues warning over volcano
Icelandic authorities have raised the alert level for a possible eruption of the country’s most active volcano. The Icelandic Meteorological…
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Marsh names risk manager Howell as aviation operational risk consulting leader
Marsh has appointed risk manager Rick Howell as aviation operational risk consulting leader. Howell will join the broker at the…
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Marsh names Sartain head of US and Canada specialty
Marsh has appointed Michelle Sartain, previously head of its US financial and professional lines division (finpro), to lead its specialty…
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Willis Towers Watson acquires specialist aviation broker in Australasia
Willis Towers Watson (WTW) has acquired Aerosure, a leading aviation industry specialist based in Sydney, focused on the Australia, New…
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Dutch pension fund divests €15bn of fossil fuel holdings
One of the world’s largest pension funds is set to dump its multibillion-euro holdings in fossil fuel-linked companies, in frustration…
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New aerospace unit launched by Applied Underwriters
Applied Underwriters has launched Applied Underwriters Aerospace with the former PartnerRe direct and facultative (D&F) space team, led by veteran…
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David Slevin to pilot TMK’s aviation business
Tokio Marine Kiln (TMK) has appointed David Slevin as departmental head of aviation as part of its strategy to expand…
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Sompo sets sights on international general aviation expansion
Sompo International is increasing its appetite for general aviation risks and has appointed Peter Buckley as vice-president of aerospace to…
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Fourth quarter airline renewals ‘more positive’ for buyers, says Gallagher
Renewals promise to be “more positive” for aviation buyers with rate rises set to moderate in time for the “all…
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Piiq Risk hires Swiss Re’s Devouge to boost aviation business in Europe
Global aerospace (re)insurance broker Piiq Risk Partners has appointed Sylvain Devouge as senior partner. Devouge joins Piiq Risk from Swiss…
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Aviation sector faces up to sustainability challenge
The aviation industry has been and still is severely hit by the restrictive measures introduced during the pandemic. The current…
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Airports, technology and the post-pandemic customer experience
As the commercial world gradually starts to reopen, the aviation sector has to consider how it will adapt to a…
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Economic recovery and hard market deliver positive outlook for Willis: Haley
The ability of Willis Towers Watson (WTW) to convince investors that its future remains bright despite the failure of the…
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Piiq in formation with Canada’s NFP
Piiq Risk Partners (Piiq), an aerospace and aviation industries risk solutions provider, has announced a strategic partnership with broker NFP…
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Aviation rate rises slow as things begin to look better for buyers, says Gallagher
Aviation rates continue to stabilise with conditions “more positive” for buyers in 2021 than they have been for some time,…
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Aviation sector faces host of new risks as it begins to reopen, warns AGCS
The aviation sector is facing “unique” challenges as it reopens to more normal passenger numbers following disruptions caused by Covid-19,…
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AXIS completes rebrand of European Aviabel and NLP aviation units
AXIS Capital has brought its European aviation (re)insurer Aviabel and Dutch firm Nederlandse Luchtvaartpool (NLP), acquired in 2016, under the…