Aerospace
-
Property D&F rates build momentum, yacht and cargo rates surge, following aviation underwriters push up rates.
-
Air crashes and faulty workmanship were the next most expensive sources of losses, according to an AGCS analysis spanning five years.
-
The executive moves from Willis Towers Watson.
-
New business written this year for launch in 2019/2020 is unlikely to exceed $350mn.
-
Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
-
The current state of the aviation market brings to mind that oft-cited line from Charles Dickens’ novel David Copperfield.
-
Burke to become chairman and Clarke president of Marsh-JLT Specialty. -
The reinstatement of US sanctions ends Validus’ Iranian marine cover.
-
The co-operation will help Windward distribute its marine risk analysis product through IHS Markit’s platform.
-
The 737 Max 8 has an insured hull value of $60.1mn and the policy is led by Global Aerospace.
-
AIG leads the aviation policy, which is brokered by Lockton.
-
The carrier has withdrawn from aviation as it seeks Lloyd’s approval for its 2019 business plan.
