Reinsurance News
Aviation
Aviation insurance and reinsurance falls under the specialty segment of the market. Insuring and reinsuring aviation related risks, this market has been growing with the expansion of air travel and freight around the world.
Read our aviation insurance or reinsurance news and analysis below.
Air India plane crash to harden aviation reinsurance market: GlobalData
16th June 2025
The fatal Air India plane crash on June 12, 2025, is expected to harden the aviation reinsurance market, with reinsurers likely to reassess risks related to wide-body aircraft, adjust pricing models, and impose stricter terms, according to GlobalData. Last Thursday, the London-bound Air India Boeing 787-8 Dreamliner crashed shortly after takeoff ... Read the full article
Guy Carpenter’s Ian Wrigglesworth elected as President of the AIA
12th June 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has congratulated Ian Wrigglesworth on his election as President of the Aviation Insurance Association (AIA) for the 2025–2027 term. The AIA is a professional organisation dedicated to the aviation insurance sector, serving as a platform for networking and education for underwriters, brokers, ... Read the full article
Fidelis mulls appeal after High Court sides with lessors in Russian aviation case
11th June 2025
Following a recent ruling by the English High Court in favour of aircraft lessors for the 2021 and 2022 underwriting years, a key development in the ongoing Russia-Ukraine aviation litigation, Fidelis Insurance Group has announced it is “reviewing all options”, including the possibility of an appeal. Readers may recall that ... Read the full article
Skyward Specialty launches new Aviation underwriting unit
3rd June 2025
Property and casualty insurer Skyward Specialty has entered the specialised aviation market with the launch of a new Aviation underwriting unit following the acquisition of Acceleration Aviation Underwriters assets last year. Chris Jones, founder of Acceleration Aviation Underwriters, commented: “For the Acceleration team, this is the culmination of our decades ... Read the full article
Aon appoints Neil Maynard as Chief Broking Officer, Aviation
19th May 2025
Global insurance and reinsurance broker Aon has appointed Neil Maynard as Chief Broking Officer, Aviation, for its London-based Global Broking Centre. Based in London, Maynard will report to Alex Gibson, Transportation and Logistics Leader, and Tracy Toro, Global Industry Speciality Leader, Aviation. In his new role, he will lead the broking ... Read the full article
Insurwave and Osprey partner to modernise aviation insurance through real-time risk intelligence
12th May 2025
Insurwave, the London-based insurtech platform focused on specialty insurance, has entered into a strategic partnership with Osprey Flight Solutions, a specialist in aviation risk management. The collaboration aims to transform how insurers and aviation stakeholders assess, manage, and price risk by uniting Osprey’s advanced aviation threat intelligence with Insurwave’s dynamic insurance ... 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
Willis names Anant Pawar as Aviation & Space Leader for India
23rd April 2025
Willis, part of global insurance broker WTW, has appointed Anant Pawar as the Aviation & Space Leader for India, effective immediately. In this new role, Pawar will be responsible for providing strategic insurance broking solutions and specialised services to aviation clients across the country. Pawar brings extensive industry knowledge and leadership experience, ... Read the full article
Rokstone launches US mid-market aviation program
11th March 2025
Rokstone, an international specialty re/insurance managing general agent (MGA) and part of the Aventum Group, has announced the launch of a comprehensive mid-market aviation program covering all US states. This expansion broadens Rokstone's reach within the aviation sector, providing crucial coverage to a previously underserved market. The new program, set to begin ... Read the full article
Fidelis reports $287.2m Russia-Ukraine aviation reserve charge, LA wildfire loss of up to $190m
20th February 2025
In a loss update ahead of its Q4 and full year 2024 earnings, specialty insurer Fidelis Insurance Holdings Limited has reported net adverse prior year development in its Aviation and Aerospace line of business of $287.2 million, which has impacted the company's performance for both periods. Fidelis explains that the adverse ... Read the full article
TMK appoints Paul Talbot as Aviation Underwriter
19th February 2025
International insurer Tokio Marine Kiln (TMK) has announced the appointment of Paul Talbot as Aviation Underwriter to its Aerospace team. Talbot brings almost 20 years of industry experience to his new position, having held various underwriting and broking roles. He joins TMK from AIG, where he spent the past 12 years, most ... Read the full article
DAC Beachcroft appoints Maria Cetta as Aviation Partner
30th January 2025
DAC Beachcroft, an international law firm, has announced the appointment of Maria Cetta as a partner in its aviation practice. Maria joins DAC Beachcroft from Clyde & Co, where she was a partner in its aviation liability practice for nearly 20 years. She became part of Clyde & Co following its ... Read the full article
Aviation market navigates ‘new normal’ with ongoing challenges for 2025: Howden Re
28th January 2025
The aviation industry had a mixed year in 2024, with ‘new normal’ loss conditions persisting for much of the year and marked by a tragic crash in South Korea as well as ongoing uncertainty surrounding the fate of aircraft stranded in Russia, Howden Re has noted in a recent report. Despite ... Read the full article
Arta Nasradini appointed Head of Aviation at SCOR P&C
27th January 2025
French reinsurer SCOR has announced the addition of Arta Nasradini to its Reinsurance Specialty Lines management team as Head of Aviation at SCOR P&C, with effect from February 1st, 2025. Nasradini brings a wealth of experience in underwriting aviation risks, having most recently led the DACH Aerospace portfolio team at global ... Read the full article
Aviation reinsurance market in good health but losses continue to weigh on sector: Gallagher
20th January 2025
Richard Sammons, Head of Aerospace at Gallagher Re, highlights that while the aviation reinsurance market appears to be in good health, the balance is far from a buyer’s market. Gallagher Re, a reinsurance broker specialising in risk management solutions, recently published Gallagher Specialty’s Plane Talking report - reinsurance, which provides an ... Read the full article
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