‘Surely, prices will go up’: Air India crash to push hull and liability rates, could impact product liability
June 18 2025
by Kristina Shperlik

MORE FROM: Analysis
‘Quite orderly’ 1.7 ANZ renewals seeing double-digit rate cuts amid plentiful capacity
Reinsurers, though, have little appetite to reduce first loss retention levels, sources told InsuranceAsia News.
Asian and financial risks, cyber, silos on the agenda as insurers, risk managers face complex challenges
Geopolitical risks were at the heart of the agenda at the 2025 Airmic Conference in Liverpool, where risk managers from the UK, Ireland, and Europe gathered last week.
Air India crash: Tata AIG leads program jointly placed by Gallagher and WTW
Boeing 787-8 Dreamliner crashed minutes after take-off from India’s Ahmedabad airport on Thursday afternoon with 242 people on board.
As balance of power shifts, Asian property cat cedents can take heart from Florida renewal season
Following recent years in which capacity has been restricted, reinsurers are demonstrating an increased risk appetite at a reduced rate.