Aerospace
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The roughly $53mn cost of the aircraft’s hull will fall on the carrier’s war policy, sources said. -
Concerns have arisen over how payment may be split if the aircraft’s black box is not recovered.
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Richard Stockley joins several Willis alumni at the new broking operation.
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The Civil Aviation Administration of China account has an annual premium volume of about $85mn.
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Marcia Rosset and Mike Dumenil are set to join the business.
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The senior broker resigned from Willis Towers Watson yesterday, according to sources.
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Carsten Nawrath joins the carrier after leading Swiss Re’s general aviation and aerospace business in EMEA.
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Michael Dobson will take over from outgoing general counsel Stephen Walsh in early January.
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Wayne Hawkins, Stuart Nelson and Andrew Barker are set to join the Steve McGill-led broker.
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Matthew Stott joins JLT aerospace alumnus Phil Gingell at the charter aviation insurance specialist.
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Mark Shurville has 28 years’ experience and previously worked for Willis Towers Watson and Marsh.
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The Swiss carrier joins Convex as a recent market entrant.
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