Hive's Underwriters' Bruce Carman on navigating turbulence in aviation
Insurance Insider - Behind the Headlines
<p>Nobody likes flying in turbulence, and in recent years aviation insurers have faced their fair share of upheaval.</p>
<p>First there was the major claim stemming from the war in Ukraine, and following that a string of claims for the all-risk market in 2025.</p>
<p>Launched in 2017, Hive Underwriters has built out despite these challenging conditions, and its CEO Bruce Carman told Behind the Headlines he is eyeing expansion into new classes.</p>
<p>He explains how the war market has learned from the Ukraine event, but there is still more work to do.</p>
<p>And during a busy airline all-risk renewal period, Carman said the nudge north in rating is not enough to account for the loss activity in the class.</p>
<p>In our news discussion, Fiona Robertson gives a lowdown of the noteworthy discussion points from <b><em>Insurance Insider’s </em></b>London Market Conference. </p>