Allianz highlights post-COVID trends in aviation

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A report by Allianz Global Corporate & Specialty (AGCS) highlighted the unique challenges faced by airlines and airports in restarting operations. It also identifies ways how COVID-19 reshaped the sector, resulting in long-term changes in fleet composition, flight routes and passenger demand.

The challenges discussed in the report included “rusty” pilots, with many pilots citing the long downtime as a factor in recent aviation mistakes and accidents. Airlines are now developing training programmes for pilots re-entering service, depending on the length of absence.

The report also noted an increase in “air rage” incidents, or passengers causing disruptions on aircraft. In

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AXA XL makes key underwriting swoop

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Marine Ress (pictured) has been named casualty chief underwriting officer for Europe and APAC at AXA XL Insurance.

Based in Paris, Ress will take on the role on October 01. She will be overseeing the management of AXA XL’s casualty portfolio and will be in charge of the underwriting strategy for general liability, motor, and environmental insurance in both regions.

Ress, who brings more than two decades of insurance industry experience to the post, spent years at Aon and Allianz Global Corporate & Specialty (AGCS). Her credentials include serving as AGCS regional head, liability underwriting for the Mediterranean region and

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Former financial adviser gets four-year ban in Singapore

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The Monetary Authority of Singapore (MAS) has issued a four-year prohibition order (PO) against Suzannah Khoo Lee Sun, following her conviction in the State Courts for an offence involving dishonesty, due to misappropriating the money of a client.

The PO, which took effect on July 02, will bar Khoo from providing any financial advisory services, taking part in the management, acting as a director, or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers Act. She is also forbidden from working as or managing an insurance intermediary under the Insurance Act.

In September 2012, Khoo, then

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