AIG aviation coverage News

Willis Towers Watson Launches Cyber Aviation Cover with AIG Collaboration

Willis Towers Watson has introduced CyFly, an insurance solution specifically tailored to cover cyber exposure affecting the airline industry. The recent Willis Towers Watson Industry Risk Index identified failure of critical IT systems as the most significant risk facing the …

AIG Identified As Lead Insurer in Taiwan Plane Crash

American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan’s Magong airport, according to Aon Plc, a broker that tracks the market for aviation coverage. The ATR-72 plane is valued at …

AIG Reported to Be Lead Insurer for Asiana Crash in San Francisco

International Group Inc. was the lead insurer providing coverage for the Asiana Airlines Inc. jet that crashed while landing in San Francisco last weekend, according to two people familiar with the matter. The coverage is split among several insurers and …