Aviation
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.
Airclaims eyes global growth after rebranding as McLarens Aviation
Specialist loss adjuster Airclaims has rebranded as McLarens Aviation in a bid to exploit the parent firm’s global footprint as a springboard to international growth.
Families receive MH370 compensation payouts
Families of passengers on missing Malaysia Airlines flight MH370 have begun receiving compensation payouts of $50 000 (£29 454).
Aerospace union appoints HFW partner as legal advisor
The International Union of Aerospace Insurers has appointed Holman Fenwick Willan partner Giles Kavanagh as its new legal advisor.
Lloyd’s could face claims from missing Malaysian plane’s search operation
Flight MH370 loss is higher than initial estimates due to ongoing search
Brit snaps up renewal rights to QBE's aviation business
Brit has reached an agreement to acquire the renewal rights to QBE’s London-based dedicated Lloyd’s aviation business.
Flight MH370 loss could impact war risk rates
If Malaysia Airlines' Flight MH370 is classified as a war loss, it would be one of the largest since the 2001 attacks on the World Trade Centre and would likely lead to rate to rate increases in war policies, according to S&P.
Nelson confirms Lloyd’s insurers have started paying MH370 claims
Lloyd’s chair John Nelson has confirmed market insurers have begun paying out claims relating to the loss of Malaysia Airlines flight MH370.