Aviation War: Knowledge-led underwriting

The Political Risk Podcast

22-02-2024 • 29 mins

Bruce Carman is founder and chief underwriting officer of HIVE Underwriters. To coincide with the two-year anniversary of Russia's 2022 invasion of Ukraine, when Russia's government seized many western aircraft, this episode focuses on the aviation war insurance market in the period since then. Reinsurers have withdrawn capacity and increased prices exponentially, and last year a civil war in Sudan led to several airliners destroyed at Khartoum's airport, demonstrating the value of systems like Sentinel, which HIVE has developed to monitor accumulation risk for its insured assets in real-time.