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 […]
boeing 737 max

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 […]

The Boeing 737 Max grounding by President Trump yesterday could have a profound effect on the aviation insurance marketplace. The grounding arrives at a time when aviation insurance is transitioning into a hard market, making its timing fairly significant. Grounding Liability is a coverage that manufacturers like Boeing carry in […]

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 […]