German plane clips control tower in Algeria
Reuters has reported a German aircraft accidentally hit an airport control tower while taxiing before take off in the Algerian city of Tamanrasset. No injuries were reported. The aircraft, carrying 16...
Reuters has reported a German aircraft accidentally hit an airport control tower while taxiing before take off in the Algerian city of Tamanrasset. No injuries were reported. The aircraft, carrying 16...
Private insurance companies in Malaysia and the Netherlands have stated the intention to waive exclusions if the MH17 disaster is declared an act of war.One day after the aircraft was shot down over e...
Airline insurers are reviewing cover for aircraft involved in hostile acts as the industry faces its most expensive year since the 9/11 attacks in 2001, with annual losses set to pass $2bn. Senior ins...
Afriqiyah Airways and Libyan Airlines have incurred up to $200million in damages since armed conflict occurred at Tripoli Airport earlier this month. In total, thirteen aircraft were either damaged or...
A Turkish Airlines B737-900ER has been damaged by a fire at Kano Aminu International Airport in Nigeria during a refuelling operation. Turkish Airlines stated that the aircraft’s fuel tanker caught fi...
Insurers are expected to increase war risk premiums for airlines, following recent losses due to conflicts in Israel and Libya, and the MH17 disaster. The insurance settlement of the MH17 in particula...
Industry loss-adjuster Airclaims will operate as McLarens Aviation. The re-naming is a result of Airclaims' 2011 merger with the McLarens group. ...
Air India has issued a RFP to Indian companies to insure its 105-aircraft fleet, which is worth US$9bn. The Finance Ministry has confirmed that there will be no purchase preference support given to pu...
Since no wreckage of Malaysian Airlines Flight MH370 has yet been found, the airline is under legal pressure to prove it was not to blame for an accident. Relatives of the 239 people on board can stil...
British insurer Hiscox has stated that it has recorded a "diverse list of losses" in the first quarter, which includes a small exposure to the Malaysia Airline flightMH370. The predicted claim for the...
Aon Risk Solutions, the risk management business of Aon, Airline Insurance Market Outlook 2014 finds that total global lead hull and liability premium for 2013/14 airline placements was around $1.4 bi...
Insurer Allianz is the lead insurer covering the missing Malaysia Airlines 777. Willis is the broker. Allianz has declined to comment on the extent of its exposure. "We extend our sympathy to all thos...
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