Aviation
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September 14, 2022
French buyers face tough but moderating market at year-end: WTW
The hard insurance market has lost some steam in France but buyers continue to face challenges as they head into…
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September 8, 2022
Tokio Marine Kiln adds to aviation team
Tokio Marine Kiln (TMK) has expanded its aviation team as part of a renewed drive in the sector under the…
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September 1, 2022
Söderberg & Partners launches specialty operation to serve global clients
Söderberg & Partners has launched a new specialty brokerage operation to help large, global companies manage their complex risk profiles.…
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August 24, 2022
Everest Insurance International creates new head of aviation role
Paul Trueman has joined Everest Insurance, the insurance division of Everest Re Group, as head of aviation for its international…
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August 16, 2022
Chubb Global Markets names new senior underwriter for general aviation
Chubb Global Markets, the insurer’s London market wholesale and specialty business, including its Lloyd’s platform, has appointed Martin Audis as…
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July 26, 2022
Aviation insurance market softens as competition increases, says WTW
The aviation insurance market is continuing to soften as a result of new market entrants, increased appetite from existing insurers…
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July 22, 2022
Beazley posts strong premium growth on back of ‘buoyant’ rating environment
Beazley reported strong gross written premium growth of 26% to $2.5bn in the first half of this year supported by…
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July 20, 2022
Contingent BI losses up as claims severity increases over past five years: AGCS
Commercial insurance claims have increased in severity during the past five years, with contingent business interruption (CBI) losses reaching new…
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July 11, 2022
SMBC Aviation seeks $1.6bn recovery for stranded Russia-leased aircraft
More leading aircraft leasing firms have filed insurance claims to recover losses from planes stuck in Russia, with SMBC Aviation…
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June 27, 2022
Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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June 24, 2022
New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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June 21, 2022
Ukraine conflict means global programme restructuring
The war in Ukraine and the associated sanctions on Russia are causing companies to rethink and restructure their global insurance…
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May 31, 2022
Specialty lines rates to accelerate as reinsurers come unstuck from ‘bundled’ offers: Berenberg
Specialty insurance buyers are set to face accelerated rate rises in the second half of this year and January 2023…
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May 25, 2022
Airline KLM facing legal action over greenwashing
Dutch airline KLM is facing legal action over alleged false advertising of its environmental credentials. The case is believed to…
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May 24, 2022
Staff shortages force Scandinavian Airlines to cancel 4,000 flights
A chronic shortage of staff and delays in training have forced Sweden’s Scandinavian Airlines (SAS) to scrap 4,000 scheduled flights…
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May 16, 2022
Saudi insurance sector saw premium growth but net loss in 2021
The Saudi insurance sector saw premium growth of 8.4% in 2021, with total gross written premiums (GWP) totalling SAR42.03bn (€10.75bn),…
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May 12, 2022
AGCS expects limited claims from Ukraine and off the hook for Russian aviation losses
Allianz Global Corporate & Specialty (AGCS) said it doesn’t expect a “major wave” of claims from the war in Ukraine,…
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May 10, 2022
BIBA launches member scheme to cover commercial drones
The British Insurance Brokers’ Association (BIBA) has launched a new scheme that offers members full access to insurance cover for…
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May 10, 2022
Brussels airports fined under GDPR for use of thermal cameras
Two airports in Brussels have fallen foul of Belgium’s Data Protection Authority (DPA) over their use of thermal scanners, in…
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May 6, 2022
QBE estimates $75m loss from Ukraine war as rate momentum slows
QBE said it expects the net impact from the conflict in Ukraine to total $75m across its political risk, political…