Aviation
EY appointed liquidator for Northern and Western
EY has confirmed it was appointed provisional liquidator for Northern and Western Insurance Company.
Q&A - Aviation: Turbulent times
In an unprecedented year of aerospace disasters, Post asks the experts how they expect recent tragedies to impact the aviation sector’s insurance policy renewals
Air India's premiums climb 15%
Air India has seen premiums for its fleet climb 15% on its 1 October renewal after a turbulent time for the aviation insurance sector.
Satellites: Space is the place
With an increased reliance on satellite technology, how can insurers mitigate against the major risks inherent in the rise of global communication networks?
Concordia-style ship groundings top industrial cover losses
Ship groundings like that of the Costa Concordia represent the largest total value of insured loss over the last four years, according to figures from Allianz Global Corporate & Specialty.
Reinsurance Rendezvous Preview: The full Monte
Key figures from the world of reinsurance give Post the rundown on the state of the sector and the issues likely to top the agenda at this year’s Reinsurance Rendezvous in Monte Carlo
Altitude hires former broker for underwriting role
Aviation and space underwriter Altitude Risk Partners has appointed former broker Charles Hollingworth as underwriter.
Interview: Charles Franks: Moving in together
Kiln chief executive Charles Franks chats to Post about the transformation into Tokio Marine Kiln, the firm’s new offices and his international outlook
Ryanair to remove ‘hidden’ opt out from travel insurance menu
No-frills airliner Ryanair will replace the ‘confusing’ travel insurance menu of its website by the end of the year, following pressure from consumer champion Which?
Thai airline grounded over safety fears
Thailand based City Airways has stopped flying after local authorities refused the airline permission to use its airports over safety concerns.
UN aviation body launches review into risks to commercial carriers
The International Civil Aviation Organization has established a senior-level task force composed of state and industry experts to address civil aviation and national security in the wake of the downing of Malaysia Airlines flight MH17.
Significant rate increases likely after disastrous period for aviation market
Sector facing highest losses since 9/11 following spate of tragedies in 2014
News Editor's Comment: What next for the aviation sector?
In the space of just over four months, the previously soft aviation market has been sent spinning off course by a succession of tragic incidents that are likely to contribute towards the market’s highest annual losses since the terrorist attacks of 11…
Wreckage of crashed Air Algerie flight found
The wreckage of a crashed Air Algerie flight from Burkina Faso to Algiers was found over Mali yesterday.
War risks market faces 'substantial rate increases' in wake of MH17 loss
The war risks market is likely to experience “substantial rate increases” following the total loss of Malaysia Airlines flight MH17, according to a report by AM Best.
Cathay Century is lead insurer for Taiwanese plane crash
The insurance coverage for yesterday's deadly plane crash on Penghu island is split between eight Taiwanese insurers.
TransAsia plane crashes in Taiwan; 48 dead
A TransAsia Airways aircraft crashed yesterday in stormy weather on the island of Penghu in Taiwan. 48 people are dead and 10 are injured.
Beazley CEO Horton braced for MH17 war claims
Beazley chief executive Andrew Horton has admitted the speciality insurer could face exposure following last week’s Malaysia Airlines flight MH17 disaster.
Atrium agrees to settle MH17 hull war loss
Atrium Syndicate 609 has confirmed it is the lead hull war policy insurer for Malaysia Airlines and has agreed to settle that aspect of the MH17 loss.
Countries responsible for airspace safety, says Eurocontrol
Eurocontrol, a Brussels-based air safety organisation for Europe, said individual countries are responsible for airspace restrictions.
173 Dutch nationals thought dead on stricken Malaysian plane
Out of 283 passengers and 15 crew on board flight MH17, a crashed Malaysia Airlines Boeing 777, 173 were Dutch nationals according to reports.
Malaysia Airlines plane 'shot down' on Ukraine-Russia border
A Malaysia Airlines passenger jet carrying 298 people has crashed on the Ukraine-Russia border, according to Russian news agency Interfax.
Interview: Nigel Minett: Flying high
Nigel Minett’s long career in loss adjusting has seen him deployed in all corners of the globe. Now in the cockpit as McLarens Aviation managing director, he tells Post how his international experience will ensure the firm’s expansion plans really take…
McLarens Aviation swoops for GAB team to run liability product line
McLarens Aviation has appointed a five-strong team from rival loss adjuster GAB Robins to launch an aviation liability product line.