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Alexis Daniel to lead Everest Insurance Intl. aviation team
12th March 2024
Industry veteran Alexis Daniel has joined Everest Insurance International, a division of Bermuda-based insurer and reinsurer Everest Group, Ltd., as Head of Aviation. “We are excited to welcome Alexis DANIEL to Everest Insurance International® as Head of Aviation, Europe. With over 25 years of deep aviation experience, Alexis will be instrumental ... Read the full article
Charles Taylor strengthens APAC aviation team with two leadership appointments
6th March 2024
Charles Taylor, an international loss adjusting firm, recently announced the appointments of Bob Battoo as Managing Director, Asia Pacific (APAC) – Aviation, and Dennis San Jose as Resident Technical Manager – Aviation Asset Management. This strategic decision significantly boosts the expertise within Charles Taylor’s aviation division, enhancing its ability to ... Read the full article
McGriff promotes Erik Zentler to lead its Aviation practice
29th January 2024
McGriff, one of the largest retail insurance brokers in the U.S., has announced the promotion of Erik Zentler to the position of Practice Leader for its Aviation practice based in Seattle. Zentler, with nearly two decades of experience in aviation insurance, has spent the past eight years with McGriff and an ... Read the full article
General Aviation faces pricing pressures and climate challenges: Gallagher Specialty
9th January 2024
In the Plane Talking Q4 2023 report authored by Philip Stafford, Senior Partner, Aerospace at Gallagher Specialty, insights into the General Aviation (GA) sector's performance during the fourth quarter of 2023 were explored, shedding light on key trends that may influence the industry in 2024. As the year concludes, indications suggest ... Read the full article
Japan Airlines expects $105m loss from collision as AIG reported as lead insurer on aviation policy
4th January 2024
Insurance industry sources have told Reuters that AIG is the lead insurer on a $130 million "all-risks" policy for the Japan Airlines airbus 350 that was destroyed in a collision with a Japan Coast Guard plane at Tokyo's Haneda airport on Tuesday. Japan Airlines (JAL) said today that it expects losses ... Read the full article
PartnerRe names William Strasser Head of Aviation succeeding Benjamin Weber
4th January 2024
Bermuda-headquartered reinsurance firm PartnerRe has said that William Strasser has been appointed as its new Head of Aviation. Strasser succeeds Benjamin Weber who is retiring in early 2024 after a 25 year career with PartnerRe. "William has held multiple senior positions since joining PartnerRe in 2003 and has consistently demonstrated strong initiative ... Read the full article
Jamie Bowes becomes GM, Aviation at HDI Global Specialty’s Scandinavian branch
3rd January 2024
HDI Global Specialty, a specialty lines insurer, has named Jamie Bowes as the new General Manager for Aviation of its Scandinavian Branch. His role came into effect on January 1, 2024. Bowes previously served as Head of General Aviation, making him highly experienced within this space. In his new role, he will hold ... Read the full article
Fidelis MGU and Castlelake create new aviation-focused MGA
12th October 2023
Global, aviation-focused alternative investment manager, Castlelake and Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of Fidelis MGU, have announced the creation of a new aviation-focused MGA. Itasca MGA will specialise in underwriting, structuring and managing risk associated with secured commercial aviation financing on behalf of ... Read the full article
Rokstone hires AIG’s Lanford as Global Head of Aviation
10th October 2023
Rokstone, an international specialty re/insurance MGA, and part of the Aventum Group, has announced the appointment of Jordan Lanford as Global Head of Aviation. Based in Atlanta and with more than 20 years’ experience of Aviation, Lanford will join the MGA at the end of October. Prior to his new appointment, he ... Read the full article
Aviation reinsurance market faces challenges and ongoing dispute amid diverging trends: Gallagher
5th October 2023
In the latest edition of Plane Talking, re/insurance broker Gallagher noted that as the aviation reinsurance and retrocession markets approach the final quarter of 2023, they continue to grapple with a range of complex challenges and evolving market dynamics. In its Q3’23 edition of Plane Talking, Gallagher noted that one significant ... Read the full article
SMBC Aviation Capital receives $710m in settlement for aircraft leased to Aeroflot
5th October 2023
Dublin-domiciled aviation company, SMBC Aviation Capital, stated that it has received cash insurance settlement proceeds totalling approximately $710 million in respect of its aircraft previously leased to Aeroflot, a Russian state-owned airline company. The settlement amount represents the company’s insurance claims under Aeroflot’s insurance and reinsurance policies relating to sixteen aircraft ... Read the full article
Aviation reinsurance market faces divergence in pricing trends: Guy Carpenter
14th September 2023
In a recent analysis of the aviation reinsurance market, Guy Carpenter highlights key trends that are shaping the industry. The report sheds light on several noteworthy developments that are influencing insurers and reinsurers alike. Guy Carpenter's analysis reveals a growing disparity between the aviation insurance and reinsurance markets. Notably, there have been ... Read the full article
Aviation specialist Simon Harker joins Inigo Limited
24th August 2023
Inigo Limited has announced the appointment of Simon Harker who will work alongside Ed Whitworth who assumes responsibility for Aviation underwriting. Harkerjoins Inigo from insurance broker Marsh, where he most recently served as Global Chairman and CEO of Marsh Aviation. Matthew Rolph, Head of Distribution at Inigo said: "We are very proud ... Read the full article
Howden Switzerland acquires specialist aviation broker Hudson Sky
24th July 2023
Global insurance group Howden has acquired Hudson Sky International, securing its position as a "preeminent broker" in the aviation insurance sector in Switzerland. According to Howden, this acquisition is part of the firm's wider strategy to become a leader in its chosen specialty markets and underlines its continued investment in expertise ... Read the full article
Marine loss from Russia-Ukraine conflict insignificant compared with aviation loss: Miller
18th July 2023
At around $400m, marine loss from the Russia-Ukraine war seems insignificant compared with the aviation loss, where more than 400 aircraft worth almost $10bn, have been stuck in Russia after lessees did not return the jets, according to Miller’s marine insurance market report. The marine insurance market expects to be impacted ... Read the full article