Aviation
Passenger drones: Look to the skies
The airspace above our cities could be the roadway of the future but what will insurance look like in times to come? And what kind of policy would cover flying taxi cabs – motor or aviation?
Blog: Airline ruled liable for delay caused by passenger
In a recent County Court judgment, an airline was held liable for compensation under Regulation 261/2004 for a nine-hour flight delay.
AGCS strengthens global aviation team
Allianz Global Corporate and Specialty has strengthened its global aviation team with three senior appointments.
Europe: Unclear skies for drones
Civil drones are taking off in a big way, with high-flying commercial potential, but machines invading airspace and pointing cameras at the homes of celebrities have prompted calls to clip their wings
FCA bans former broker Terence Joint from 'significant influence functions'
The Financial Conduct Authority has banned former insurance broker Terence Joint in relation to the handling and misapplication of client money between April 2011 and June 2012.
UK aircraft collision calls for greater regulation of drones
Experts have called for greater regulation of drones to minimise the risks to aviation, following a drone collision with a British Airways flight.
CII calls for tougher rules after drone hits aircraft
Insurance industry body the Chartered Insurance Institute has called for tougher regulation after a drone hit a British Airways aircraft on approach to Heathrow airport yesterday.
Political Lobbying: Don't mention the ‘L' word
Smoke and mirrors perpetuates the lobbying mystique but there is no need to bring in outsiders if there is someone with know-how and who can put together a well presented case
Brit-led commercial aviation consortium launches
Brit has launched a Lloyd's consortium for commercial general aviation with capacity also provided by Kiln, Hiscox, Apollo and Pritchard.
Drones: Attack of the drones
Unmanned aircraft and the risks they pose are under close scrutiny from the London market as it tries to decide what can and cannot be covered
Novae CEO Fosh confident for Q4 despite softening market
Novae Group CEO Matthew Fosh believes the specialist Lloyd’s player is “well positioned” for the final quarter, despite a softening rating environment, after achieving a 20.3% uptick in gross written premiums over the opening nine months of 2015.
Allianz confirmed as Sharm el-Sheikh plane crash reinsurer
Allianz Global Corporate and Specialty has confirmed it is the lead reinsurer for the downed Russian airliner in Sharm el-Sheikh, Egypt.
Airlines warned about dangers of Syrian conflict as MH17 inquiry concludes
International air safety agencies have warned that passenger airliners could be at risk from long-range Russian cruise missiles being fired at Syria.
Swiss Re's insurance arm buys Australian aviation business
Swiss Re Corporate Solutions has bought the whole of Assetinsure Holdings' aviation business for an undisclosed sum.
Impact Forum: Insurers need to reclaim the aviation market
Insurers need to regain control of the aviation market before it is too late, according to Olivier Marre, senior vice-president of aviation at Allied World.
Tokio Marine Kiln confirms Shoreham air crash liability as CAA imposes restrictions
The Civil Aviation Authority has implemented a series of temporary changes relating to UK civil air displays following a plane crash at the Shoreham Air Display on Saturday (22 August) for which Tokio Marine Kiln is the lead liability insurer.
Lloyd's drones report highlights safety, security and surveillance concerns
Insurers are likely to demand greater risk mitigation measures from drone operators amid concerns around safety, security and surveillance, according to a Lloyd’s report.
C-Suite - Broker: Insure my Christmas drone
With the market for drones increasing, there are opportunities for insurers to provide new solutions.
Wreckage spotted as Indonesian authorities hunt missing plane
Wreckage has been spotted in the Indonesian mountain province of Papua after a plane carrying 54 people went missing.
Integro boosts aviation presence with division acquisition
Broker Integro has acquired the aviation division of AFL Insurance Brokers creating an additional UK-based aviation team.
Novae's renewal rates fell 3.3% on average in first half
Specialist (re)insurer Novae saw average renewal rates reduce 3.3% in the first half of the year.
Compulsory insurance for drones mooted as insurers are urged to review wordings
Insurers must review policy wordings that could be interpreted to cover drone use, legal experts have advised, amid calls for the industry to lobby regulators around safety laws and the potential for compulsory insurance relating to the emerging…
Insurers encouraged to lobby regulators on drone safety laws
Safety laws governing the use of drones have been pitched as a potential lobbying area for insurers to champion in an effort to mitigate large pay-outs from accidents or improper use of the technology.
Blog: Toxic fumes in airplanes?
Recent media coverage has put the issue of whether airplane passengers and crew can potentially be exposed to toxic cabin air back in the news. Could this result in new claims?