Aerospace
-
In tandem, it pegged its net cat loss estimate from California wildfires at $160mn-$190mn. -
Mark Costin previously held senior roles at Piiq and Marsh.
-
The crash is the latest of several losses for aviation insurers in recent months.
-
The aircraft lessor said it did not expect additional recoveries.
-
Settlements could reduce seized aircraft quantum to the mid-single billions of dollars.
-
The former Marsh aviation CEO is expected to join Lockton next month.
-
Several airlines priced down around time of the Jeju and American Airlines aviation crashes.
-
Financial details will not be revealed until the publication of Avolon’s full-year results.
-
Plus, the latest people moves and all the top news of the week.
-
Aviation premiums have been described as “woefully inadequate” considering rising liability losses.
-
Starr-leads the WTW-placed all-risks cover for American Airlines.
-
Arta Nasradini joins from AIG, where she led the DACH aerospace team.
Most Recent
-
Daily Digest: Top news from 30 June
30 June 2025 -
Lloyd’s welcomes scrapping of US ‘revenge tax’
30 June 2025 -
Reviewing major non-cat loss events in H1 2025
30 June 2025 -
BP Marsh increases Pantheon shareholding to 39%
30 June 2025 -
Gallagher Re lands Lockton Re partner Braithwaite
27 June 2025