Airline carriers see lowest losses in six years

The airline industry experienced an eerily quiet first half of the year, with losses of just $400m, the lowest total in six years, according to the latest report from the Aerospace division of Willis Group Holdings.

The company's monthly Airline Insurance Insight report indicates the insurance market has remained remarkably stable for airlines, with no change in the drivers of capacity and claims.

The experience

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Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.

Neil Gibson, Sedgwick

Neil Gibson leads Sedgwick’s UK executive team as CEO and has overall responsibility for the 2,500 colleagues who work for the claims management company.

Lisa Bartlett, Crawford

Lisa Bartlett, chief operating officer for international at Crawford, is the first and only woman leader of a UK-based loss adjusting company.

Diary of an Insurer: Sedgwick’s Kristina Bahari

Kristina Bahari, customer care specialist at Sedgwick, kicks off 2024 by helping those whose homes have been damaged by Storm Gerrit and juggles the school run with helping a customer with medical difficulties find suitable temporary accommodation.