Insurers
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Settlements could reduce seized aircraft quantum to the mid-single billions of dollars.
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The carrier is “extremely well capitalised” to achieve its strategic ambitions.
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The carrier enters H2 with a clean reinsurance programme.
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Newer swing products offer an alternative way to deal with escalating awards.
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Its post-tax estimate of $1.3bn is net of reinsurance recoveries.
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Contour Underwriting is a specialty lines MGA.
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The annual claims totalled £5.7bn, the largest amount paid out in any year.
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Michael Wade, who joined Helios in 2023, led the group’s portfolio-restructuring exercise.
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Financial details will not be revealed until the publication of Avolon’s full-year results.
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The carrier’s Eaton Fire loss would be a retained net loss hit.
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The underwriter has worked at Axis for a decade.
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The agency cited the group’s increased earnings diversification and improved resilience.
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