Aviation
Aon: 2011 set to be “challenging” year in aviation
Aon has released preliminary data suggesting that airline insurance endured more claims than premium received in 2010, forecasting further difficulties for 2011/2012.
Travel claims up 30%, says Claims International
Severe weather conditions led to a 30% increase in the number of travel claims handled last month by Claims International, the travel business arm of Cunningham Lindsey.
Claims update: Calculation challenges
The path for a subrogation claim by Air France was cleared when the French court found Continental Airlines responsible for the 2000 Concorde crash. Frédérique Hardy examines the obstacles and challenges inherent in complex recovery actions.
Plane passengers "almost certain" to overpower would-be hijackers
Risk Management Solutions has said that would-be hijackers are “almost certain” to be jumped on by fellow passengers if they manage to board a plane.
High Court of Justice sanctions business transfer
The High Court of Justice has sanctioned the transfer of insurance and reinsurance business from Aviation & General Insurance Company, a subsidiary of Ruxley Ventures, to Tenecom, a member of the Berkshire Hathaway group of companies.
Santa's insurance bill reduced by £5m over two years claims broker Aon
Santa may be dusting off the sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to finish off all the presents to make sure every child across the globe gets a present.
Lloyd's firm Houlder receives £1.2m cash injection
Houlder Insurance Services has received a £1.2m capital injection from its parent China Merchants Group.
QBE names three European CUOs
QBE Insurance has appointed Ash Bathia, Colin O’Farrell and Jonathan Parry as chief underwriting officers of its European division, following the promotion of John Neal to chief executive of QBE Group Global Underwriting Operations.
QBE names three European CUOs
QBE Insurance has appointed Ash Bathia, Colin O’Farrell and Jonathan Parry as chief underwriting officers of its European division, following the promotion of John Neal to chief executive of QBE Group Global Underwriting Operations.
Postscript - 30 years ago: Korean 747 crash to cost insurers $50m
Looking through Post's back catalogue paints a uniqur picture of more than 150 years of insurance news, as this highlight form 30 years ago reveals.
CTC: 2010 earnings likely to be at the lower end of expectations
In an interim management statement covering the period between 1 July 2010 to 16 November 2010, Charles Taylor Consulting today said business activity has been broadly in line with the expectations contained in its half yearly report.
Arc Legal wins airline contract
Arc Legal Assistance has been appointed by broker Lumley St Aubyn Insurance Services to offer legal protection for the aircrew of low-cost airline Jet2.com.
Rackstraw leaves Rok
Arthur Rackstraw has left Rok Insurance Services after three years with the business.
Claims Event news: Icelandic volcano highlights industry's shortcomings on media handling
The insurance industry must take firmer steps to generate positive press around its handling of crises that generate high volumes of claims, according to a media consultant.
Hardy sets December 2010 start date for Singapore operation
Hardy Underwriting Bermuda has announced the opening of its new Singapore office.
Aspen splits CEO duties with Cavoores promotion
Aspen Insurance HAS today announced the appointment of John Cavoores as co-chief executive officer of its insurance operations, Aspen Insurance.
Argo enters aviation market
Argo International has announced that it is introducing aviation to its portfolio.
Postscript - 20 years ago: Job loss threat for aviation staff
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
JLT announces name change
Jardine Lloyd Thompson Group has announced it is changing the name of Jardine Lloyd Thompson Limited to JLT Specialty Limited.
Ironshore enters space market
Ironshore's aviation division has entered into a treaty reinsurance programme with the Starr Group to provide protection against commercial satellite risks. The global space insurance programme provides coverage for satellite launch insurance and in…
Emerging markets crucial to JLT growth
Insurance broker Jardine Lloyd Thompson’s presence in emerging markets will be key to its long term growth, independent financial advisory firm Collins Stewart has revealed.
Airline insurance rates rise 7%
Confidence is returning to the airline industry with airlines predicting a 13% increase in passenger numbers in 2011, according to Aon.
An in-depth review of the general insurance market in Denmark
Denmark’s insurance market, although small, is singled out by some as the most sophisticated in Scandinavia. Ralph Savage reports on how the nation’s players have performed off the back of a testing first half in 2010.
Healix International lands Virgin Atlantic deal
Medical services provider Healix International has secured a new two year contract to provide medical claims management to Virgin Atlantic flight crew.