aviation insurance News

HDI Global Specialty Appoints Kangasniemi as Head of Airline

HDI Global Specialty SE, the specialty lines insurer, has promoted Frida Kangasniemi to the role of head of Airline. She replaces Thomas Broms in the role who retired at the end of last year. Kangasniemi was previously head of General …

Starr Insurance Names Swiss Re’s O’Ryan as Canadian Manager, General Aviation

Starr Insurance Cos. has appointed Paul O’Ryan as Canadian territory manager, general aviation, effective Jan. 6. O’Ryan joins Starr from Swiss Re where he was head of General Aviation Americas in Toronto for more than 11 years, according to his …

BGC Insurance’s Aerospace Broker Rebrands as ‘Piiq Risk’ with Spate of Key Hires

BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners. Since the division was launched during the second half of 2019, it has been …

Commercial Airplane Crash Deaths Drop by More than 50% in 2019: Aviation Consultant

The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday. Aviation consulting firm To70 said …

Airlines Liable for Hot Drink Burns During Flights, EU Court Rules

Airlines are liable for a hot drink accidentally spilled and hurting a passenger, the European Union’s top court said in a dispute involving a carrier founded by the late-Formula One motor-racing champion Niki Lauda. “An airline is liable for the …

Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany

Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace and general aviation business for clients across Central Europe. …

MS Amlin Exits Aviation Insurance Market

MS Amlin, the London-based re/insurer and subsidiary of MS&AD, confirms its exit from the aviation insurance market, effective from Oct. 14 when it will cease underwriting aviation insurance renewals or new business. This change excludes the aviation hull war portfolio …

Marsh JLT Specialty Aviation Hires 4 Execs from Aon, Global Aerospace and Swiss Re

Marsh, the insurance broker and risk adviser, announced four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York. In London, Tony Ambrose and Martyn Holland are set to join as managing directors, reporting to Andy Smith, …

Switzerland’s Helvetia to Begin Underwriting Worldwide Aviation Insurance in October

Helvetia Specialty Lines CH & International announced it will begin writing aviation insurance in October. Helvetia’s aviation team will offer worldwide insurance coverage for passenger liability, third-party liability and comprehensive cover. Helvetia said it is concentrating on worldwide major accounts …

AIG Taps Eccles from Argo, Langdon from Chubb for Senior Global Specialty Roles

American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join AIG as global head of Aerospace, General Insurance. James Langdon will join AIG as UK head of Energy & Construction, …