Reinsurance News
aerospace
Aerospace reinsurance renewals more benign than expected despite claims pressure: WTW
5th March 2026
At the end of 2025, aerospace reinsurance underwriters were expected to impose tougher renewals as they struggled under the weight of significant claims, however, direct insurers were able to negotiate relatively benign renewals at the start of 2026, according to WTW. In its recent Aerospace Insurance Market Renewal Outlook, WTW noted ... Read the full article
Gallagher integrates AssuredPartners aviation team into global aerospace practice
6th January 2026
Global re/insurance broking group Gallagher has announced the integration of the AssuredPartners aviation and aerospace team into its global aerospace practice, creating a worldwide division of nearly 600 specialist risk professionals. This integration established a combined US team of 190 aerospace colleagues across 10 locations. Eric Barfield, previously leading the AssuredPartners aerospace ... Read the full article
Whitecap confirms space underwriting capacity from Jan 1
30th December 2025
Whitecap Underwriting Europe s.r.o., a reinsurance managing general agent, will commence its space underwriting capacity on January 1st, 2026, through its division Whitecap Aerospace. Utilising an A-rated insurer, Whitecap Aerospace will deploy up to $8 million for launch, commissioning and in-orbit satellite risks. Tim Wright, Head of Space at Whitecap, will underwrite ... Read the full article
Global Aerospace appoints Eric Donofrio as Chief Underwriting Officer
25th April 2025
Global Aerospace, a provider of aviation and aerospace insurance, has announced the appointment of Eric Donofrio as Chief Underwriting Officer. In this role, Donofrio will oversee U.S. underwriting operations, reporting to Jeffrey Bruno, President and Group Chief Underwriting Officer. He will be based in the Morris Plains, NJ office. Donofrio brings nearly ... Read the full article
Ball to lead Aon’s space division as global practice leader, Poliseno to retire
28th October 2024
Global insurance and reinsurance broking group Aon has announced the retirement of Jeff Polisenof following a distinguished 30-year career in aerospace broking and risk management. As Poliseno steps down, Jared Ball will take on additional responsibility as global practice leader of space division. Poliseno’s retirement comes after a distinguished 30-year career in ... Read the full article
Applied Underwriters Aerospace expands leadership amid market shifts
17th October 2024
Applied Underwriters Aerospace, a division of Applied Underwriters specialising in insurance and risk management for the aerospace and space exploration industries, has expanded its role as the space insurance market experiences significant changes. These shifts, driven by geopolitical factors and technological innovations like those introduced by Elon Musk, position the company ... Read the full article
Oneglobal & Worldlink Specialty launch new US aviation liability insurance solution
30th July 2024
Worldlink Specialty has partnered with Oneglobal Broking to introduce "AeroPRO," a comprehensive professional liability insurance solution tailored for the US aviation and aerospace sector. AeroPRO, supported by Lloyd’s of London markets, offers extensive professional liability coverage, including protection against contractors’ pollution, technology errors and omissions, and privacy breaches. This solution is designed ... Read the full article
Acrisure launches Aerospace division to meet industry needs
13th February 2024
Acrisure, a global Fintech company, has introduced Acrisure Aerospace, a new division focused on meeting the specific needs of the aerospace industry. Under the leadership of Managing Partner Jason Riley, Acrisure Aerospace brings together several Acrisure businesses. Whether it's personal planes, commercial flights, or rocket launches, Acrisure Aerospace assists clients in ... Read the full article
Capacity for space insurers change ‘little’ in 2023: Gallagher
17th April 2023
In the latest edition of Plane Talking, re/insurance broker Gallagher noted capacity changed "little" from 2022 for space insurers and market position has been "as before" for the majority. In its Q4'22 edition of Plane Talking, Gallagher noted that market feedback on capacity and reinsurance renewals was suggesting continued strong support for ... Read the full article
Renewals an opportunity for global aerospace insurance market to re-set: Gallagher
16th January 2023
The 2022/2023 aerospace reinsurance renewals season is a chance to re-set retention levels, policy conditions and pricing levels to enable the global aerospace (GA) insurance market to continue to serve its end-user client base, according to Gallagher analysts. This opportunity presents itself as this renewals season for the global insurance market ... Read the full article
WTW brings Michael Holt back under its wing for new aerospace role
7th November 2022
WTW has said it has appointed Michael Holt to the role of associate director of client relationship management for aerospace. Holt is coming back into the WTW fold, re-joining the firm from McGill, where he served as Partner, Aviation and Aerospace since last February. Prior to McGill, Holt contributed to the growth ... Read the full article
WTW appoints Oyin Heath as Managing Director for aerospace unit
25th October 2022
WTW Global Aerospace, part of the international insurance and reinsurance broker, has announced that Oyin Heath will be joining its team as Managing Director. The firm states that in the new role, Heath will be focused on driving growth and continuing to bring innovative, market-leading solutions and best-in-class service to the ... Read the full article
Airline insurance conditions stable despite ongoing uncertainty: Gallagher
17th October 2022
According to re/insurance broker Gallagher, airline insurance conditions remain relatively stable despite the ongoing uncertainty around losses and other notable challenges. The firm adds that there are no immediate indications that there will be any drastic change in the market trend, at least in the remaining months of 2022. In its report, ... Read the full article
Gallagher recruits Tim Wright as Consultant for aerospace practice
21st September 2022
Insurance broker Gallagher has announced the appointment of Tim Wright as a Consultant within its global aerospace practice. In his new role Wright will be responsible for supporting international space clients with risk management and specialist insurance advice, as well as supporting business development in the sector. Wright has worked in space ... Read the full article
Russia – Ukraine war creates renewed uncertainty for aviation market: Gallagher Re
8th April 2022
As Russia's unprovoked invasion of Ukraine continues, hopes of a global aviation insurance market recovery have faded somewhat, with the 2022 renewals set to present "another complex engagement," according to re/insurance broker Gallagher. After two years of pandemic-related stress and multi-billion dollar industry losses, the start of this year suggested a ... Read the full article
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