Aerospace

New hires announced today include Lauren Escher from AIG as US general aviation practice leader.

The win represents a major coup for the start-up broker, and follows the Dassault and Embraer wins.

The move follows the appointment of Guy Carpenter aviation leader Graham Barden as chair of aviation and aerospace.

Stinging energy losses could be added to a slew of painful marine and aviation losses in August.

The MGA will start writing the class in time for the key Q4 aviation renewals.

Reduced passenger numbers have dented airline revenue, with some suggesting the imposition of minimum premiums.

Lockton Re has hired Graham Barden from Guy Carpenter as chairman of its aviation and aerospace practice.

The BGC-backed aerospace broker makes its first appointment at its French unit from Marsh.

DXC’s Xchanging backs down from rules that appeared to put the kibosh on any placement that had Cuban or Iranian exposure.

The aviation market has had a turbulent few years, but despite coronavirus-related loss of premium income in 2020, continuing rate increases into 2021 could keep it on track to profitability

The BGCI broker has built a team of over 30 colleagues led by Philip Smaje.

The pandemic could also lead to a spike in attritional claims and increased risk aggregation due to grounded fleets.