Blogger Archives: Steve Doyle

Steve Doyle

Steve is the Willis Aerospace Business Development & Sales Director in London, where he leads the division’s research analysis team. In addition to his 20 years of insurance market intelligence experience, he has spent the past 12 tailoring the risk management services offered by brokers and insurers to the global airline and aerospace industry. Steve is the Editor of Willis’ Aerospace publications: the monthly Airline Insight reports and our quarterly Aerospace Insurance Index.

Why We Were All Wrong About the Airline Marketplace. Again.

aviation underwriters

I’ll admit it. I was among those predicting serious insurance rate increases for airlines following the terrible and very public disasters in the skies this past year. But here we are in Q4, the crucial season for airline insurance renewals, … Continue reading →

The Divided Airline Insurance Marketplace

Aviation insurance mktplace

When tragic airline losses filled our screens this past year, the airline insurance marketplace was braced for some heavy turbulence and an end to what’s been a long soft market. Many of us have been surprised by what’s transpired. Rates … Continue reading →

Our Scariest Avatiation Risk – Air Travel Crippled by Terror and Disease

Scariest risks 2014

At this scary time of year we celebrate our fear of things that the vast majority perceive as “far-fetched”. It is perhaps the fear of the unknown that is most worrying. The global terror threat has decided that the high … Continue reading →

The Future of Air Travel: Two Stories of Where and How

airplane landing

Predicting the growth of commercial passenger air travel is a tale of two skies: one over the developing world, the other over the developed. Developing World: Strong Growth In the developing world, air travel is taking off , literally and … Continue reading →

New Eyes in the Skies – and New Risks to Manage

Odd, white, windowless airplanes. Small, spider-like camera carriers. The drones, of course, are here now, much debated as weapons of war and under development as a package delivery method by at least one of the world’s largest online retailers. Continue reading →

Our Scariest Aerospace Risk – Variety of Risks

Scariest Risks

The vast majority of people have an inherent fear of the unknown and the first time of dealing with a situation. The aviation industry has had to deal with host of unknowns and first-time incidents from 9/11: out of control … Continue reading →

Video – Aerospace Marketplace: The View from 30,000 Feet

Steve Doyle talks with WillisTV about the Aerospace Marketplace

We are going through a particularly benign loss period in the aviation insurance market. There has been $500m worth of losses in the first eight months of this year and just over $1bn worth of losses last year. Compare that with a five-year loss average of $2bn and you get two excellent years for underwriters. With premiums down overall 5% this year it looks as if these conditions are set to continue. I spoke to Willis TV about my view of the aviation insurance market as well as what it will take to significantly shift the market. Continue reading →

Benign Aviation Market Makes for Happy Buyers

Airplane Landing at Sunset

The airline insurance market is as stable as people can ever remember. Abundant capacity, low loss levels and minimum exposure growth means that it remains a buyers market. We reported all this recently in our latest Airline Market Update. Continue reading →

Aerospace Insurance Remains a Buyers’ Market

Turbo Jet Engine

As the latest Willis Aerospace Aviation Products Market Review reveals, the Aerospace market remains a buyers’ market in every sector. Continue reading →

Emerging Aerospace Risk of 2012

Emerging Risk

The inherently high-risk nature of aviation operations can mean that emerging risks are largely considered and addressed before they happen. Business risks are rarely unique to aviation and ash clouds are now “on the list” alongside introducing new technology for many businesses.‬‪ ‬‪ Continue reading →

Posts by Author in Portuguese:

Estávamos errados sobre o mercado de companhias aéreas

airplane landing

Vou admitir. Depois dos trágicos e tão divulgados desastres do ano passado, eu estava entre os que previam graves aumentos na taxa de seguro para as companhias aéreas. Mas aqui estamos no 4º trimestre, época crucial para renovações de seguro … Continuar lendo →