Aviation
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
Sequel enters partnership with fintech underwriter
Software specialist, Sequel Business Solutions has entered long-term partnership with fintech underwriting company, Elseco.
Blog: Setting the pace for change
Technologies such as driverless cars, telematics and the connected home are changing the world of insurance, with the need for more modularisation of coverages, and components that can be used in different ways to suit particular niches and markets. Dean…
Navigating India's fast growing aviation market
With low levels of air travel penetration and a growing economy, expansion in the Indian aviation sector brings challenges and opportunities writes Kevin Betts, Asia-Pacific director, at loss adjuster McLarens Aviation.
Aviation insurers launch model Brexit clause for multi-year policies
Aviation insurers have launched a model contract continuation clause to keep multi-year policies in place after Britain leaves the European Union, the International Underwriting Association said.
Blog: London needs to get global
To maintain its competitive position, the London insurance market needs to become a truly global hub, write Chris Beazley, CEO of the London Market Group, and Paul Clark, partner at the Boston Consulting Group
Insurers in row with BA over bill for cancellation expenses
Insurers have hit out at British Airways for encouraging customers to claim on their travel insurance for ‘disruption expenses’ caused from the recent IT outage.
Lancashire Holdings sees GWP fall in the first quarter
Lancashire Holdings saw a 22% drop in net operating profit in the first quarter of 2017, down to $25.2m (£19.56m) from $32.4m for the same period in the previous year.
FCA to investigate suspected misconduct in aviation broker sector
The Financial Conduct Authority is investigating at least four aviation insurance brokers over suspected misconduct.
Interview: John Nelson, Lloyd’s of London
It is the most prestigious chairmanship in UK insurance. But next month, John Nelson will step down after six years in the role of Lloyd’s chairman. He talks to Ryan Hewlett about steering the market through one of its most turbulent periods
Willis Towers Watson and AIG launch cyber cover for global airlines
Willis Towers Watson and AIG have created a cyber insurance product designed to combat the emerging risks facing global airlines.
Insurers ‘missed chance’ to influence insurance rules over drones
Insurers are sleepwalking into legislation over drones that they have had no role in shaping, it has been warned.
March 2017 Post: Census and CII CEO
My one-year-old just started toddling. She was so proud after pushing her walker to the other side of the room that she applauded herself. As a result, she lost her balance and landed on her bum.
Aviation Claims: Winging it
Despite a number of air accidents over the past few years, safety when flying has improved dramatically. However, overcapacity and a lack of profitability could be affecting the market
La Playa achieves Lloyd’s status
Boutique broker La Playa has been approved as a registered Lloyd’s broker.
Willis Towers Watson eyes French aviation broker
Broker Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business.
Boeing 747 cargo plane crashes enroute from Hong Kong to Istanbul
At least 37 people have been killed after a Turkish cargo plane crashed into a village near the capital of Kyrgyzstan this morning.
Blog: Cyber risk in aviation
The cyber threat to planes is bound to raise public fears, but the aviation industry operates in a way that minimises risks.
Axis buys aviation specialist Aviabel
Bermuda-headquartered specialty (re)insurer Axis has reached an agreement to buy Brussels and Amsterdam based (re)insurer Aviabel.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
R&Q acquires legacy book from Belgian insurer
Randall and Quilter has taken on a portfolio of legacy exposures from Aviabel.
Allianz will not revise policy for crashed Airlander 10
Allianz will not revise premiums for the experimental Airlander 10, despite the aircraft crashing on its second flight last week.
The nomadic life: what does it take to be a specialist loss adjuster?
A group of new recruits to McLarens Aviation learn about what it takes to be a loss adjuster