Aerospace
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Danny Hubbard is the latest aviation executive to defect to the new intermediary.
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The book is currently being overseen by CUO Richard Coulson, but sources expect a team to be recruited. -
The carrier last week announced it would gradually shutter nine lines of business, including aviation.
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The carrier also confirms the appointment of Chubb upstream energy chief James Langdon as UK energy and construction head.
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The response follows large losses in recent months and reduced risk appetite among space in insurers.
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The executive takes up the role following a reshuffle prompted by Mark Costin’s move to BGC.
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Sources warned that the merry-go-round of senior broking talent would cause concern for airlines as they approach key Q4 renewal dates.
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Sources said e-discovery was ongoing to establish if Rolls-Royce management knew about prior Trent 1000 defects.
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Negotiations continue between the victims’ families, Boeing and its insurers.
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The airline has experienced at least one IT failure or cyber security incident a year since 2016.
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The aviation specialist is the latest intermediary to leave McGill & Partners or BGC.
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The general aviation portfolio has premium volumes of about $20mn.
