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Tokio Marine Kiln appoints Joe Pickford as Aviation Underwriter

by AIP Online Bureau | Sep 5, 2023 | International News, Non-Life, Reinsurance

This appointment follows the continued development and expansion of TMK’s business in the Asia Pacific region, where it has operated since 2007. Other recent new hires include special risks underwriter, Cindy Gunawan, and cyber underwriter, Sam Bye Singapore: Tokio...

Indian aviation market has huge potential waiting to be tapped

by AIP Online Bureau | Jul 19, 2023 | Data, Eco/Invest/Demography

The industry experts concurred that the growth in the aviation sector will in turn fuel the growth in the tourism sector, both of which were badly hit globally after the outbreak of the COVID-19 pandemic, but have shown resilience, and are recovering on the right...

Behind aviation recovery, suppliers struggle to keep up

by AIP Online Bureau | Jun 19, 2023 | International News, Risk Management, Technology

But there is an emerging consensus that the industry’s sprawling supply chain – strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic – will have to be remade before it can recover fully, a process that will take years...
India emerging as key aviation market: IATA report

India emerging as key aviation market: IATA report

by AIP Online Bureau | May 1, 2023 | Data, Eco/Invest/Demography, Non-Life

With a rapidly growing middle class and rising incomes, together with the right encouragement including lower airfares, many, including airline companies, are expecting India to become the fastest-growing aviation market for years to come Why India is fast emerging as...

AXA reduces aviation war cover after Ukraine losses, sources say

by AIP Online Bureau | Jan 19, 2023 | International News, Non-Life, Reinsurance

One of the top 10 players in global aviation insurance, AXA XL is pulling back from underwriting risk on so-called war cover, the sources said, reducing options for airline operators or lessors seeking protection against loss or damage arising from warThe retreat by a...
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