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It has now been more than 3 months since the 737 Max grounding by aeronautical authorities around the world. Here is a breakdown of our estimated insurance claim on Boeing’s Products Liability policy and its Grounding Liability Coverage: Average flights per aircraft per day: 5 Average passenger seating: 150 Average revenue per passenger: $180 Total…

We are now past the 1st quarter of the first aviation insurance hardmarket in more than 15 years and we have a better idea of how each segment of the marketplace is being affected: Highest increases in premium and reductions in coverage (as much as 100% – 300% ): Helicopter operations with owner pilotsCommercial helicopter…

The 737 Max saga continues. The media has been merciless with the manufacturer, articles such as this one are clearly biased against Boeing: https://www.bbc.com/news/business-47812225 Are they wrong about Boeing’s role in the 2 tragedies? Not entirerly. However perspective needs to be included if you are making a fair report. Why has the 737 stubbornly remained…

Based on the second 737 Max accident we are in the midst of reaction surrounding the tragedy, with a lot of airlines grounding the jet until a confident conclusion is reached: https://www.usatoday.com/story/news/nation/2019/03/12/ethiopian-airlines-plane-crash-faa-joins-probe-over-boeing-737-max-8/3137819002/ Based on some recent comments about the complexity of new aircraft today and the connection of this complexity to accidents like this we…

Generally 70 is the age at which it becomes problematic for insurers to approve new pilots. The industry understanding is that pilots who were covered before they turned 70 will continue to be covered after they turn 70. Non-disclosure of age risks non-coverage! Of course there are always exceptions to the rule, a 70 year…