Aerospace
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The pair add to the roster of aviation-focussed hires at WTW. -
The hires form part of WTW’s build-out of its US aviation practice.
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Charles De Bar leaves Allianz after four years with the carrier.
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The Lloyd’s syndicate is a lead market in aviation war.
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TMK is the largest insurer of aviation risks at Lloyd’s by gross written premium.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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Large losses and attrition put pressure on aviation underwriters.
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Plus, the latest people moves and all the top news of the week.
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Lloyd’s has been likened to a “toothless tiger” in its crackdown efforts.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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