Insurance losses stay low in 2011
Insurer Willis report, Airline Insight, has stated that favourable market conditions that have existed for buyers for airline insurance throughout this year will continue amidst an absence of major lo...
Insurer Willis report, Airline Insight, has stated that favourable market conditions that have existed for buyers for airline insurance throughout this year will continue amidst an absence of major lo...
International Air Transport Association has reported that global airline safety rates, covering total crashes and passenger deaths, have improved by nearly 50% this year compared to the first 11 month...
Kiln, an international insurance and reinsurance underwriting group and a member of Tokio Marine Group, has introduced a new aviation unit in Singapore to underwrite aviation risks. The aviation team ...
Aon Aviation has reported that so far 2011 has delivered a record low level of airline insurance claims. “The current loss figure, excluding minor losses, is US$120.68 million so far this year, compar...
Aon has said in its December 2010 edition of Airline Insurance Market News, that the airline market remains “soft,” despite lead and hull and liability numbers “The 19% average premium increase in...
A brand new Boeing 777-200LR owned by Ethiopian Airlines collided with an Emirates A340 at Bole International Airport. The Emirates plane was trying to take-off to Entebbe International Airport while ...
Aviation consultancy Ascend has reported that 828 people lost their lives in air accidents in 2010, a 13% rise over 2009 figures. The number of fatal accidents rose by five to 28, some 4% worse than t...
Disgruntled families of the lost souls in the Ethiopian plane crash (ET 409) at the coast of Beirut in January 25 are furiously complaining over the delay in settling insurance claims. Ethiopian A...
The families of the three people who died in the Surgut air crash on Saturday are to receive RUB2 million in insurance payments. One of the engines on the Tupolev-154B aircraft operated by regional ...
An A380 owned by Emirates Airlines was damaged after being struck by a moving truck rentals shoreline wa at Pearson International Airport’s Terminal 1 in Canada on December 3. The strike resulted in d...
Spare a thought for HSBC who decided back in the summer to extend their insurance policies on premier accounts to cover airport closure as standard from December 1st 2010, they now suffer the prosp...
An Atlas Air aircraft, operated by Qantas Airways, clipped the wing of a Mesa Air aircraft, operated by United Airlines, on Saturday night at Chicago O’Hare Airport. The plane was taxiing when it ...
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