Aerospace
-
Avenue Capital-backed Greylag claimed that insurers denied coverage of the two lost aircraft, which have a value of nearly $110mn and $120mn, respectively. -
The news comes a few weeks after this publication revealed that UIB was in advanced discussions to take over local broker South Re.
-
The news comes two months after this publication revealed that UIB was exploring the acquisition of the Lima-based aviation-focused reinsurance intermediary.
-
Mark Sperring’s promotion comes just a few months after AIG’s former head of global aerospace, Steve Eccles, left the carrier.
-
The aviation war segment is also proving ‘treacherous’ to buyers, according to the latest Plane Talking report.
-
The increase takes the carrier’s total reserves for the conflict to $145.6mn.
-
The aviation programme manager will exclusively use SiriusPoint’s paper across the US.
-
Based in Birmingham, Alabama, the executive will report to NFP management, cyber and professional liability managing director Matthew Schott.
-
The Fidelis IPO has no clear precedent, but there is an appetite for investment in the specialty space, as seen earlier this year with the Skyward public listing.
-
The carrier cited a “huge” spread of possible outcomes from various lawsuits relating to aviation claims from the conflict.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The lawsuit argues that one engine that was leased out in Ukraine and 16 engines that were leased out in Russia have suffered physical loss or damages.
Most Recent
-
Risk Strategies taps Bussiere as NY commercial lines leader
October 03, 2023 -
Selective EVP and CFO Wilcox resigns; Harnett in as interim CFO
October 03, 2023 -
Boost secures reinsurance capacity from Canopius
October 03, 2023
