Keyword
aviation
Axis Insurance acquires specialist broker
June 17, 2022 by Jason ContantOne of British Columbia’s largest brokerages, Axis Insurance Managers, has completed its acquisition of BMG Insurance Brokers, a Western Canada-based brokerage that specializes in aviation and aerospace risks. Vancouver-based Axis completed the acquisition of privately-owned BMG Aviation Ltd. (doing business…
Opinion: Why the specialty aviation market may soon be taking off
April 29, 2021 Michael McEwen, HDI Global Specialty SELast year was challenging for aviation insurers’ customers but there are many signals that it may be wheels up towards a recovery. While there is increasing demand for regional airlines, that doesn’t mean it’s clear skies for challenges. The airline…
How airlines can be exposed to personal injury lawsuits
January 27, 2021 by Greg MeckbachSlips and falls are not just an exposure for property managers and landlords. They are also a concern for aviation insurers. “Generally, aviation insurers are exposed to liability claims from passengers both while they are inside the airplane and also…
Search ends for crashed float plane in Labrador
August 14, 2019 Holly McKenzie-Sutter - THE CANADIAN PRESSJOHN’S, N.L. – The lengthy search for a downed float plane and its three missing passengers has been suspended, and officers who took part in the rescue effort have left the Labrador lake where the plane crashed last month, the…
Fatal commercial float plane crash in Labrador lake
July 16, 2019 THE CANADIAN PRESSST. JOHN’S, N.L. – A search is underway for four people missing after a float plane crashed into a Labrador lake on Monday, killing three of the occupants. Jean Tremblay, president of the small Quebec airline that owns the plane,…
Up in the Air
April 8, 2018 Sean Tindale, Lawyer, Partner, Hughes Amys LLPYour client’s liability for negligent drone use is a gray area. Here’s what insurers should consider when assessing the civil liability of drone operators.
Drone collisions on radar of risk managers
February 15, 2018 Greg Meckbach, Associate EditorA recent collision between a passenger plane and a drone has prompted Canada’s airplane accident investigation agency to warn of the risk of flying drones near airports. “The use of drones near an aerodrome or within controlled airspace poses a…
Hub International purchases “certain assets” of Quebec surety broker
August 8, 2017 by Canadian UnderwriterChicago, Ill.-based Hub International Limited announced on Monday that Hub Quebec has purchased “certain assets” from Patrice Varin, through a corporation held by him. Terms of the acquisition were not disclosed. Varin will join Hub Quebec, bringing with him a…
Absence of large losses contributes to 20.6-point drop in Q2 combined ratio for PartnerRe
August 1, 2017 by Canadian UnderwriterPartnerRe Ltd. reported a combined ratio of 87.7% during the three months ending June 30, a 20.6-point improvement over 108.3% during the same period in 2016, when Canada experienced its most expensive natural disaster ever and a loss from an…
Combined ratio down 4.6 points at Axis Capital
July 28, 2017 by Canadian UnderwriterAxis Capital Holdings Ltd. reported Wednesday a 4.6-point improvement in its Q2 combined ratio, from 102.2% in the second quarter of 2016 to 97.6% in the latest quarter. Pembroke, Bermuda-based Axis Capital writes both reinsurance and commercial primary insurance worldwide…
Lack of safety management systems found in “numerous” marine, aviation accident investigations: TSB
July 24, 2017 by Canadian UnderwriterFifteen years after four passengers drowned in an accident aboard an amphibious sightseeing vehicle across the Ottawa River from the nation’s capital, the Transportation Safety Board of Canada warned Thursday that there has “been only limited progress” on expanding the…
Death rate on Canadian fishing vessels a ‘disturbing statistic,’ warns Transportation Safety Board
July 21, 2017 by Canadian UnderwriterThe number of aviation accidents reported to the Transportation Safety Board of Canada during the year ending March 31 was nearly 20% lower than the 10-year average, but still “not enough has been done” to reduce the risk of collisions…