SMBC Aviation receives US$710m insurance settlement for jets stranded in Russia
October 3 2023 by InsuranceAsia News
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BOC Aviation assessing implications on insurance claims for two jets recovered from Russia last week
- March 25
The Singaporean lessor has made US$258m in insurance recoveries for 11 aircraft, while the remaining six planes have net pre-tax write-down value of US$310m.
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Rothbury Group acquires Steadfast-owned Kiwi broker Austinsure
- March 8
The Auckland-based aviation and PI specialist’s seven-member team will join the New Zealand insurance broking group on March 15.
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Charles Taylor expands APAC aviation team with two senior hires
- March 4
Singapore-based Bob Battoo returns to Charles Taylor as managing director to lead aviation risk and claims team for the insurance and leasing markets; Dennis San Jose joins to launch aviation asset management service in the region.
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AIG leads US$130m all-risk cover for Japan Airlines plane: report
- January 4
The Japanese airline has estimated a US$104m operating loss following the collision of its flight JL516 with a Japan Coast Guard aircraft at Tokyo’s Haneda Airport and complete loss of one aircraft on January 2.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
