Aerospace
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The launch is the latest of a plethora of (re)insurance broking initiatives in the aviation sector. -
The duo are the latest brokers to take roles at Steve McGill’s new venture.
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Willis Re report shows reinsurers reacting to Boeing incidents and ILS lock-up.
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Richard Stockley joins several Willis alumni at the new broking operation.
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All four hires will start in their new roles in 2020.
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The Civil Aviation Administration of China account has an annual premium volume of about $85mn.
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Sources said airline premiums have increased by around 40 percent on average.
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Marcia Rosset and Mike Dumenil are set to join the business.
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The senior broker resigned from Willis Towers Watson yesterday, according to sources.
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Carsten Nawrath joins the carrier after leading Swiss Re’s general aviation and aerospace business in EMEA.
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The initiative is offering $25mn capacity per risk and will cover assets from before launch to their operation in orbit.
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This publication highlights five key areas of the unit’s turnaround plan from Swiss Re’s investor day.
