Cover Story - Aviation: Local general aviation market takes off
Source: Asia Insurance Review | Apr 2009
Since the Wright Brothers took that first flight more than 100 years ago, the London insurance market has been the centre for the underwriting of aviation business. This is, however, changing. Mr Toby Palham, Senior Manager - Aviation, Allianz Global Corporate & Speciality Division, Allianz SE Reinsurance Branch Asia Pacific, reveals that the Asian aviation market portfolio will shift its focus from Europe to Asia within the next 10-20 years. This, despite the current slowdown in today’s uncertain climate.
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