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Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
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The hull market is currently experiencing high levels of competition.
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Simon Theobald joins from AIG where he was senior construction underwriter.
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The streamlined group consists of four brokers and four underwriters.
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Matt Foster joins Coalition following an eight-year tenure at Munich Re.
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The market organisation has commissioned Oxbow Partners to discuss implications of the burgeoning segment.
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Space insurers are running at a near-200% loss ratio after booking losses of over $1bn in 2023.
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Starr is understood to be one of several carriers to reach an in-principle agreement with AerCap.
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ASR’s UK-based division will be underwriting on behalf of ASR Syndicate 2454.
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Sources expect at least $80mn-$90mn of insured losses stemming from the case.
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The Plane Talking report said the longevity of the ‘buyers’ market’ is in question.
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The settlement was announced by DAE’s lawyer Alistair Schaff on day one of the aviation ‘mega trial’.