Aerospace
-
The Ukrainian airline executive said insurers are seeking permission from the US to make payments. -
Mid-year M&A including the aviation deal increased the broker’s margin by about 50 bps.
-
Sources said Island Express Helicopters holds a $50mn hull and liability insurance policy.
-
The broker said that Boeing claims of up to $1.5bn had prompted rates to surge.
-
Sources said carriers will likely need OFAC approval to make liability payments to Iranian families.
-
The roughly $53mn cost of the aircraft’s hull will fall on the carrier’s war policy, sources said.
-
The expanding aviation broker adds a Japan expert.
-
Bushfire losses mount, and as does the likelihood that other Lloyd's businesses will follow Neon into run-off.
-
BGCI’s aviation start-up looks to develop airline, aviation, satellite and reinsurance capabilities.
-
Concerns have arisen over how payment may be split if the aircraft’s black box is not recovered.
-
It is unclear whether the loss will fall on the airline’s all-risks policy or war policy.
-
Newly arrived divisional CEO Phillip Smaje promises to provide an “independent and differentiated alternative” for clients.
