by AIP Online Bureau | Mar 29, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Brussels gave lessors until Monday to wind up current rental contracts in Russia under tough sanctions imposed after Moscow’s invasion of Ukraine, leaving them facing heavy potential writedowns or a long insurance battle All Irish lessors terminated their Russian...
by AIP Online Bureau | Mar 29, 2022 | International News, Non-Life, Reinsurance
“Large-scale air crash investigations that only rely on data provided by the black boxes are often insufficient to tell the full truth of the incident,” Zhu Tao, head of the aviation safety office at Civil Aviation Administration of China, told a press conference...
by AIP Online Bureau | Mar 29, 2022 | International News, Non-Life, Reinsurance
“Changing our brand name to Allianz Trade means reinforcing our position as a global player. With the new brand name, we will benefit even more from the reputation and strength of the Allianz Group, which has an extensive global network of expertise,” said...
by AIP Online Bureau | Mar 29, 2022 | International News, Non-Life, Reinsurance
“I’m afraid that we are going to witness the largest sort of theft of aircraft in the history of commercial civil aviation,” said Volodymyr Bilotkach, an associate professor of air transport management at Singapore Institute of Technology. Although the planes are...
by AIP Online Bureau | Mar 28, 2022 | Indian News, Non-Life, Reinsurance
Air India’s insurance renewal may not be a very comfortable affair for the Tatas from the premium point of view as London market sources point out, the aviation insurance market of late has seen significant hardening up impacted by Russian-Ukraine war and crash...
