Aviation
Ex-pilot Matcham promoted to head of aviation at Alan & Thomas
Alan & Thomas Insurance Group has appointed Peter Matcham as head of aviation insurance at the Dorset-based firm.
Investigation underway into fatal helicopter crash
At least nine people are known to have died after a police helicopter crashed into the roof of The Clutha pub in Glasgow on Friday night.
Booth promoted to active underwriter for Syndicate 1955
Barbican Group has promoted David Booth to the position of active underwriter, Syndicate 1955.
Airline insurance buyers to benefit from high capacity and competition
Abundant capacity, high levels of competition, limited loss activity and an aggressive broking community will benefit airline insurance buyers renewing in the final quarter of 2013, according to Willis Group.
Kiln offers discounted cover for unmanned aerial craft
Kiln has partnered with aviation training specialist Resource UAS to offer reduced pricing on hull and liability covers for remote piloted aerial crafts.
Hiscox launches aviation website
Specialist insurer Hiscox has launched a direct website, designed to offer loss of licence and loss of training expenses insurance to aviation professionals.
Allied World snaps up Markel's aviation renewal rights
Allied World Europe has reached an agreed with Markel International to acquire the renewal rights to a book of aviation business written by Lloyd’s Syndicate 1400 and Markel Europe.
Travelers hires ex-Catlin director for aviation division
Travelers has appointed David Watts as head of general aviation for Travelers Syndicate Management, Syndicate 5000 at Lloyd’s.
Interview: Markel's William Stovin: Culture club
Happy with the cultural fit following Markel’s $3.1bn acquisition of Alterra, president and chief operating officer William Stovin is looking to drive the newly merged firm forward.
Double compensation rule thwarts Silverstein's bid for WTC payout
World Trade Centre developer Larry Silverstein has failed in his bid to recover billions of dollars from the airlines whose planes were used in the 11 September 2001 terrorist attacks.
Chesterfield appoints new aviation head
Lloyd’s broker Chesterfield has appointed Stephen Campbell to head its aviation division.
Downward trend in airline insurance premiums set to continue
The loss of an Asiana Boeing 777 aircraft earlier this month will do little to change the downward slide in premium prices in the airline insurance market, a report by Willis said.
AIG said to be lead insurer for Asiana crash
AIG has been named as the lead insurer providing cover for the Asiana Airlines crash in San Francisco airport on 6 July, Bloomberg reported.
Asiana crash claim could amount to $2.3bn
The Asiana Airlines’ Boeing 777 that crashed in San Francisco on 6 July was insured for $2.3bn (£1.7bn).
Chaucer adds aerospace specialist to aviation team
Lloyd’s insurer Chaucer has appointed Anna Dedman to specialise in the aerospace sector as part of its aviation team at Chaucer Syndicate 1084.
QBE aviation product gives extra $125m of cover
QBE has launched an aviation excess grounding liability product giving clients an additional $125m (£82m) of cover.
QBE launches aviation excess liabilities in Dubai
QBE has launched an excess of loss product for aviation liabilities in the Middle East.
Liberty Mutual Europe to lead new aviation consortium
Liberty Mutual Insurance Europe is forming a consortium to underwrite Aviation Insurance in a leading capacity, on behalf of itself, Ace Global Markets and Hiscox.
Liberty Mutual forms aviation consortium with Ace & Hiscox
Liberty Mutual Insurance Europe is to work with Ace Global Markets and Hiscox in a consortium for aviation cover.
Kennedys merges with aviation specialists Gates and Partners
Kennedys has agreed a merger with specialist aviation and aerospace law firm Gates and Partners.
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Airlines to face claims after fire causes delays at Heathrow
Airlines operating out of Heathrow could face substantial claims if current delays affect tomorrow’s flights.
Space Tourism: Ready for liftoff?
With Virgin Galactic edging closer to launching tourists through the stratosphere for the first time, what part will the insurance industry play in this uncharted territory?
Master programs: A complex world
Companies are expanding from West to East, and from East to West; risks are rising and regulations becoming more complex. Andrew Tjaardstra discovers some of the key considerations that should be taken into account when arranging a global insurance…