Aviation Industry Braces for Double-Digit Premium Hikes After 737 MAX Groundings September 20, 2019 By Allison Lampert and Suzanne Barlyn The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers...
Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations June 3, 2019 Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s...
Ethiopian Airlines Crash Could Break Record for Non-War Reinsurance Claim: Willis Re April 1, 2019 Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the...
Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources March 12, 2019 By Noor Zainab Hussain, Carolyn Cohn and Suzanne Barlyn Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six...
UK’s Global Aerospace Is Boeing’s Lead Insurer March 11, 2019 Britain’s Global Aerospace is the lead insurer for the world’s biggest plane maker Boeing Co, the insurer’s top boss said...
Marsh, Jardine Lloyd Thompson Agree to Sell JLT’s Aerospace Unit to Gallagher March 4, 2019 Marsh & McLennan Cos. (MMC) and Jardine Lloyd Thompson (JLT) have entered into an agreement to sell JLT’s aerospace business...
Drone Segment Will be Biggest Growth in Aviation Insurance in 50 Years, Experts Say February 22, 2018 By Don Jergler Now’s the time to get in on the ground floor of the business of insuring drones. That’s according to panel...
Munich Re to Increase Shareholding in Global Aerospace to 51% December 14, 2017 Global Aerospace, the London-based provider of aerospace insurance, announced that Munich Re has agreed to purchase an additional 11 percent...
Growing List of Re/Insurers Make Decisions on Post-Brexit EU Headquarters October 3, 2017 Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become...
Global Aerospace Launches Aviation Professional Services Liability Insurance September 20, 2017 By Newswire Parsippany, New Jersey, September 20, 2017 – Global Aerospace, a leading provider of aerospace insurance, announces the introduction of Aviation...