Aviation claims at lowest since 2004
Aerospace insurers saw 2011 claims falling to their lowest level for seven years and by $1bn from $2.2bn in 2010 to $1.2bn in 2011. It is expected that 2011 saw aerospace insurers collect $800m margi...
Aerospace insurers saw 2011 claims falling to their lowest level for seven years and by $1bn from $2.2bn in 2010 to $1.2bn in 2011. It is expected that 2011 saw aerospace insurers collect $800m margi...
Jardine Lloyd Thompson Group has combined its existing Italian broking business - Jardine Lloyd Thompson SpA - with the business of Marine & Aviation SpA. JLT has a 25% interest in the newly-formed jo...
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...
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