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Collision/crash incidents, faulty workmanship, and natural catastrophes top aviation insurance claims globally, as repair costs and labor challenges rise, Allianz Commercial reports.
Worldwide losses could top $600 million, but impact on US airlines is muted.
Marine, aviation and energy sector losses accounted for much of the losses. Employee training would help.
Faced with an abrupt change in circumstances, Chris Thorn rose to the challenge.
Retracing the route of Amelia Earhart is the most recent adventure made possible by brokers.
The insurance industry can take a leadership role in safe UAV operation.
The space tourism industry presents substantial excitement and risk.
Could a weather-related insurance solution be designed to help airlines cope with cancellation losses?
Drone hacking could pose a terrorist threat, and it’s already proven that drones can be hacked.
Insuring unmanned aircraft systems is going to be complicated.
Aviation
A flight attendant’s injury from a turbulent flight is the latest in a lengthy list of prior accidents.
Web-based air traffic control introduces new cyber risks to aviation.
The next time the Laki Fissure bursts, a maelstrom of sickness, death and economic destruction will be released.
Swiss Re insures the first solar plane to fly across the United States.
A young baggage handler’s injury claim is crushing – literally.