Rokstone Aviation climbs to new heights
Rokstone Aviation is now able to write even more Hull and Liability (re)insurance policies across the world, after confirming new additional capacity with MalaysianRe.
The new line sizes are $5m for Hull and $50m for Liability.
The agreement is a clear vote of confidence in our Aviation proposition, who have been doing an excellent job launching the line, and running the portfolio.
After a number of difficult years in the Aviation market, including some heavy losses, there has been a restriction of capacity from risk carriers. This has created a hard market.
However, with the right people at the helm, and a clear strategy of writing a diverse selection of quality risks we have shown that Aviation is still an attractive line that can generate an underwriting profit.
Wayne Murphy joined us in June 2020, and his 30 years of experience in underwriting have been pivotal in developing our platform, and attracting this new capacity to the market.
This new capacity will be welcomed by our brokers and their clients, as it allows us to keep growing our successful proposition.
Our risk appetite remains the same, and we continue to invite enquiries from brokers with insurance and reinsurance risks in the General Aviation, Airlines, and Aerospace sectors. We write risks from around the world, with the exception of US/Canada, and sanctioned countries.
Talk to us for more information, or view our product here.
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